Reno is 31% more expensive than Rochester.
When comparing Reno, NV and Rochester, MN, the overall cost of living indices are 122 and 93 respectively (national median = 100). Rent is $137/month cheaper in Rochester, saving renters about $1,644/year.
Median household income is $9,319/year higher in Rochester. Home values also differ significantly — the median in Reno is $498,600 compared to $287,500 in Rochester.
Nevada has no state income tax, giving Reno residents a significant tax advantage over Minnesota's 9.85% rate.
Reno vs Rochester — common questions
Other cost of living comparisons for Reno and Rochester