Los Angeles, CA vs Reno, NV
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Reno runs $499,000 versus $880,000 in Los Angeles, a 43% gap that dominates most relocation math. Reno also has no state income tax, while the other state tops out at 13.3% — a meaningful annual difference at higher income levels.
Median Home Value
$879,500
$498,600 ✓
Zillow Home Value
$941,985
$559,590
Median Gross Rent
$1,879/mo
$1,453/mo ✓
Owner Occupied %
36.3%
49.4%
Price-to-Rent Ratio
39.0x
28.6x
Median Household Income
$80,366 ✓
$78,448
Per Capita Income
$46,270
$45,180
Unemployment Rate
7.9%
5.0% ✓
Poverty Rate
16.6%
12.5%
Avg Commute (min)
34.1 min
22.4 min
Drove Alone %
61.4%
67.6%
Public Transit %
6.7%
2.4%
Work From Home %
17.3%
10.8%
State Income Tax
13.3%
None
Total Sales Tax
8.7%
8.2% ✓
Property Tax Rate
0.7%
0.6%
Bachelor's Degree %
24.5%
21.4%
Median Age
36.9
37.3
Avg High Temp
70.4°F
68.8°F
Annual Precipitation
13.4"
7.4"
Annual Snowfall
—
20.9"
Los Angeles, CA 1 wins
- ✓Median Household Income
Reno, NV 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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