Phoenix, AZ vs Reno, NV: 109 vs 122

$1,458/mo ≈ Same

Median Rent

$1,453/mo ≈ Same

$77,041/yr ↓ 2%

Median Income

$78,448/yr ↑ 2%

$381,900 ↓ 23%

Home Value

$498,600 ↑ 31%

$1,430/mo ↓ 4%

Owner Costs

$1,482/mo ↑ 4%

1,624,832

Population

268,959

Detailed Comparison

When comparing Phoenix, AZ and Reno, NV, the overall cost of living indices are 109 and 122 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $1,407/year higher in Reno. Home values also differ significantly — the median in Phoenix is $381,900 compared to $498,600 in Reno.

Nevada has no state income tax, giving Reno residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Phoenix vs Reno — common questions

Is Phoenix or Reno cheaper to live in?

Based on our cost index, Phoenix is cheaper to live in with an index of 109 compared to 122 (US average = 100).

What is the rent difference between Phoenix and Reno?

Median rent in Phoenix is $1,458/month and in Reno it's $1,453/month — a difference of $5/month.

Which city has higher income, Phoenix or Reno?

Median household income is $77,041 in Phoenix and $78,448 in Reno. Median household income is $1,407/year higher in Reno.

How do taxes compare between Arizona and Nevada?

Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.

Should I move to Phoenix or Reno?

It depends on your priorities. Phoenix has a cost index of 109 with median rent of $1,458/mo, while Reno has a cost index of 122 with rent of $1,453/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Phoenix, AZ vs Reno, NV (2026)

Phoenix

Reno

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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