Cost of Living: Reno, NV vs Peoria, AZ (2026)

Reno

Nevada
122
VS

Peoria

Arizona
125

Reno is 2% cheaper than Peoria.

$1,453/mo ↓ 17%
Median Rent
$1,743/mo ↑ 20%
$78,448/yr ↓ 16%
Median Income
$93,403/yr ↑ 19%
$498,600 ↑ 16%
Home Value
$429,400 ↓ 14%
$1,482/mo ↓ 7%
Owner Costs
$1,589/mo ↑ 7%
268,959
Population
194,338

Tax Comparison

0%
Income Tax
2.5%
6.85%
State Sales Tax
5.6%
0.53%
Property Tax
0.62%

Affordability

22.2%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Reno, NV and Peoria, AZ, the overall cost of living indices are 122 and 125 respectively (national median = 100). Rent is $290/month cheaper in Reno, saving renters about $3,480/year.

Median household income is $14,955/year higher in Peoria. Home values also differ significantly — the median in Reno is $498,600 compared to $429,400 in Peoria.

Nevada has no state income tax, giving Reno residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Reno vs Peoria — common questions

Is Reno or Peoria cheaper to live in?
Based on our cost index, Reno is cheaper to live in with an index of 122 compared to 125 (US average = 100).
What is the rent difference between Reno and Peoria?
Median rent in Reno is $1,453/month and in Peoria it's $1,743/month — a difference of $290/month.
Which city has higher income, Reno or Peoria?
Median household income is $78,448 in Reno and $93,403 in Peoria. Median household income is $14,955/year higher in Peoria.
How do taxes compare between Nevada and Arizona?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Reno or Peoria?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Reno details → View Peoria details →

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