Cost of Living: Reno, NV vs Toledo, OH (2026)

Reno

Nevada
122
VS

Toledo

Ohio
52

Reno is 70% more expensive than Toledo.

$1,453/mo ↑ 65%
Median Rent
$880/mo ↓ 39%
$78,448/yr ↑ 65%
Median Income
$47,532/yr ↓ 39%
$498,600 ↑ 366%
Home Value
$107,000 ↓ 79%
$1,482/mo ↑ 73%
Owner Costs
$856/mo ↓ 42%
268,959
Population
268,461

Tax Comparison

0%
Income Tax
3.5%
6.85%
Sales Tax
5.75%
0.53%
Property Tax
1.53%

Affordability

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

Detailed Comparison

When comparing Reno, NV and Toledo, OH, the overall cost of living indices are 122 and 52 respectively (national median = 100). Rent is $573/month cheaper in Toledo, saving renters about $6,876/year.

Median household income is $30,916/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $107,000 in Toledo.

Nevada has no state income tax, giving Reno residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Reno vs Toledo — common questions

Is Reno or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 122 (US average = 100).
What is the rent difference between Reno and Toledo?
Median rent in Reno is $1,453/month and in Toledo it's $880/month — a difference of $573/month.
Which city has higher income, Reno or Toledo?
Median household income is $78,448 in Reno and $47,532 in Toledo. Median household income is $30,916/year higher in Reno.
How do taxes compare between Nevada and Ohio?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Reno or Toledo?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/mo, while Toledo has a cost index of 52 with rent of $880/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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