Reno is 20% cheaper than Arvada.
When comparing Reno, NV and Arvada, CO, the overall cost of living indices are 122 and 152 respectively (national median = 100). Rent is $349/month cheaper in Reno, saving renters about $4,188/year.
Median household income is $34,948/year higher in Arvada. Home values also differ significantly — the median in Reno is $498,600 compared to $600,800 in Arvada.
Nevada has no state income tax, giving Reno residents a significant tax advantage over Colorado's 4.4% rate.
Reno vs Arvada — common questions
Other cost of living comparisons for Reno and Arvada