Reno is 23% more expensive than Paradise.
When comparing Reno, NV and Paradise, NV, the overall cost of living indices are 122 and 99 respectively (national median = 100). Rent is $166/month cheaper in Paradise, saving renters about $1,992/year.
Median household income is $19,574/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $358,400 in Paradise.
Both cities share the same state tax structure since they are in Nevada.
Reno vs Paradise — common questions
Other cost of living comparisons for Reno and Paradise