Reno is 15% more expensive than Paterson.
When comparing Reno, NV and Paterson, NJ, the overall cost of living indices are 122 and 106 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.
Median household income is $24,682/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $335,400 in Paterson.
Nevada has no state income tax, giving Reno residents a significant tax advantage over New Jersey's 10.75% rate.
Reno vs Paterson — common questions
Other cost of living comparisons for Reno and Paterson