Cost of Living: Reno, NV vs Waterbury, CT (2026)

Reno

Nevada
122
VS

Waterbury

Connecticut
76

Reno is 61% more expensive than Waterbury.

$1,453/mo ↑ 23%
Median Rent
$1,180/mo ↓ 19%
$78,448/yr ↑ 52%
Median Income
$51,642/yr ↓ 34%
$498,600 ↑ 169%
Home Value
$185,400 ↓ 63%
$1,482/mo ↑ 16%
Owner Costs
$1,273/mo ↓ 14%
268,959
Population
114,356

Tax Comparison

0%
Income Tax
6.99%
6.85%
State Sales Tax
6.35%
0.53%
Property Tax
2.15%

Affordability

22.2%
rent-to-income
Affordability
27.4%
rent-to-income

Detailed Comparison

When comparing Reno, NV and Waterbury, CT, the overall cost of living indices are 122 and 76 respectively (national median = 100). Rent is $273/month cheaper in Waterbury, saving renters about $3,276/year.

Median household income is $26,806/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $185,400 in Waterbury.

Nevada has no state income tax, giving Reno residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

Reno vs Waterbury — common questions

Is Reno or Waterbury cheaper to live in?
Based on our cost index, Waterbury is cheaper to live in with an index of 76 compared to 122 (US average = 100).
What is the rent difference between Reno and Waterbury?
Median rent in Reno is $1,453/month and in Waterbury it's $1,180/month — a difference of $273/month.
Which city has higher income, Reno or Waterbury?
Median household income is $78,448 in Reno and $51,642 in Waterbury. Median household income is $26,806/year higher in Reno.
How do taxes compare between Nevada and Connecticut?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Reno or Waterbury?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/mo, while Waterbury has a cost index of 76 with rent of $1,180/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Reno details → View Waterbury details →

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