Reno is 28% cheaper than Downey.
When comparing Reno, NV and Downey, CA, the overall cost of living indices are 122 and 169 respectively (national median = 100). Rent is $439/month cheaper in Reno, saving renters about $5,268/year.
Median household income is $8,952/year higher in Downey. Home values also differ significantly — the median in Reno is $498,600 compared to $728,500 in Downey.
Nevada has no state income tax, giving Reno residents a significant tax advantage over California's 13.3% rate.
Reno vs Downey — common questions
Other cost of living comparisons for Reno and Downey