Cost of Living: Reno, NV vs Thousand Oaks, CA (2026)

Reno

Nevada
122
VS

Thousand Oaks

California
226

Reno is 46% cheaper than Thousand Oaks.

$1,453/mo ↓ 44%
Median Rent
$2,580/mo ↑ 78%
$78,448/yr ↓ 42%
Median Income
$134,367/yr ↑ 71%
$498,600 ↓ 48%
Home Value
$951,200 ↑ 91%
$1,482/mo ↓ 46%
Owner Costs
$2,726/mo ↑ 84%
268,959
Population
125,676

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
23.0%
rent-to-income

Detailed Comparison

When comparing Reno, NV and Thousand Oaks, CA, the overall cost of living indices are 122 and 226 respectively (national median = 100). Rent is $1,127/month cheaper in Reno, saving renters about $13,524/year.

Median household income is $55,919/year higher in Thousand Oaks. Home values also differ significantly — the median in Reno is $498,600 compared to $951,200 in Thousand Oaks.

Nevada has no state income tax, giving Reno residents a significant tax advantage over California's 13.3% rate.

Frequently Asked Questions

Reno vs Thousand Oaks — common questions

Is Reno or Thousand Oaks cheaper to live in?
Based on our cost index, Reno is cheaper to live in with an index of 122 compared to 226 (US average = 100).
What is the rent difference between Reno and Thousand Oaks?
Median rent in Reno is $1,453/month and in Thousand Oaks it's $2,580/month — a difference of $1,127/month.
Which city has higher income, Reno or Thousand Oaks?
Median household income is $78,448 in Reno and $134,367 in Thousand Oaks. Median household income is $55,919/year higher in Thousand Oaks.
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 Thousand Oaks?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/mo, while Thousand Oaks has a cost index of 226 with rent of $2,580/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Reno details → View Thousand Oaks details →

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