Cost of Living: Reno, NV vs Independence, MO (2026)

Reno

Nevada
122
VS

Independence

Missouri
67

Reno is 82% more expensive than Independence.

$1,453/mo ↑ 37%
Median Rent
$1,061/mo ↓ 27%
$78,448/yr ↑ 32%
Median Income
$59,480/yr ↓ 24%
$498,600 ↑ 200%
Home Value
$166,400 ↓ 67%
$1,482/mo ↑ 42%
Owner Costs
$1,046/mo ↓ 29%
268,959
Population
121,944

Tax Comparison

0%
Income Tax
4.95%
6.85%
State Sales Tax
4.225%
0.53%
Property Tax
0.93%

Affordability

22.2%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Reno, NV and Independence, MO, the overall cost of living indices are 122 and 67 respectively (national median = 100). Rent is $392/month cheaper in Independence, saving renters about $4,704/year.

Median household income is $18,968/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $166,400 in Independence.

Nevada has no state income tax, giving Reno residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Reno vs Independence — common questions

Is Reno or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 122 (US average = 100).
What is the rent difference between Reno and Independence?
Median rent in Reno is $1,453/month and in Independence it's $1,061/month — a difference of $392/month.
Which city has higher income, Reno or Independence?
Median household income is $78,448 in Reno and $59,480 in Independence. Median household income is $18,968/year higher in Reno.
How do taxes compare between Nevada and Missouri?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Reno or Independence?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Reno details → View Independence details →

More Comparisons

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