Cost of Living: Reno, NV vs Simi Valley, CA (2026)

Reno

Nevada
122
VS

Simi Valley

California
200

Reno is 39% cheaper than Simi Valley.

$1,453/mo ↓ 42%
Median Rent
$2,513/mo ↑ 73%
$78,448/yr ↓ 33%
Median Income
$117,703/yr ↑ 50%
$498,600 ↓ 34%
Home Value
$753,500 ↑ 51%
$1,482/mo ↓ 42%
Owner Costs
$2,576/mo ↑ 74%
268,959
Population
125,769

Tax Comparison

0%
Income Tax
13.3%
6.85%
State Sales Tax
7.25%
0.53%
Property Tax
0.71%

Affordability

22.2%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

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.

Frequently Asked Questions

Reno vs Simi Valley — common questions

Is Reno or Simi Valley cheaper to live in?
Based on our cost index, Reno is cheaper to live in with an index of 122 compared to 200 (US average = 100).
What is the rent difference between Reno and Simi Valley?
Median rent in Reno is $1,453/month and in Simi Valley it's $2,513/month — a difference of $1,060/month.
Which city has higher income, Reno or Simi Valley?
Median household income is $78,448 in Reno and $117,703 in Simi Valley. Median household income is $39,255/year higher in Simi Valley.
How do taxes compare between Nevada and California?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Reno or Simi Valley?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/mo, while Simi Valley has a cost index of 200 with rent of $2,513/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Reno details → View Simi Valley details →

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