Cost of Living: Reno, NV vs Springfield, MO (2026)

Reno

Nevada
122
VS

Springfield

Missouri
60

Reno is 103% more expensive than Springfield.

$1,453/mo ↑ 58%
Median Rent
$920/mo ↓ 37%
$78,448/yr ↑ 71%
Median Income
$45,984/yr ↓ 41%
$498,600 ↑ 202%
Home Value
$165,200 ↓ 67%
$1,482/mo ↑ 63%
Owner Costs
$908/mo ↓ 39%
268,959
Population
169,432

Tax Comparison

0%
Income Tax
4.95%
6.85%
State Sales Tax
4.225%
0.53%
Property Tax
0.93%

Affordability

22.2%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Reno, NV and Springfield, MO, the overall cost of living indices are 122 and 60 respectively (national median = 100). Rent is $533/month cheaper in Springfield, saving renters about $6,396/year.

Median household income is $32,464/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $165,200 in Springfield.

Nevada has no state income tax, giving Reno residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Reno vs Springfield — common questions

Is Reno or Springfield cheaper to live in?
Based on our cost index, Springfield is cheaper to live in with an index of 60 compared to 122 (US average = 100).
What is the rent difference between Reno and Springfield?
Median rent in Reno is $1,453/month and in Springfield it's $920/month — a difference of $533/month.
Which city has higher income, Reno or Springfield?
Median household income is $78,448 in Reno and $45,984 in Springfield. Median household income is $32,464/year higher in Reno.
How do taxes compare between Nevada and Missouri?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Reno or Springfield?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/mo, while Springfield has a cost index of 60 with rent of $920/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Reno details → View Springfield details →

More Comparisons

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