Reno is 39% cheaper than Simi Valley.
When comparing Reno, NV and Simi Valley, CA, the overall cost of living indices are 122 and 200 respectively (national median = 100). Rent is $1,060/month cheaper in Reno, saving renters about $12,720/year.
Median household income is $39,255/year higher in Simi Valley. Home values also differ significantly — the median in Reno is $498,600 compared to $753,500 in Simi Valley.
Nevada has no state income tax, giving Reno residents a significant tax advantage over California's 13.3% rate.
Reno vs Simi Valley — common questions
Other cost of living comparisons for Reno and Simi Valley