Reno is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Reno to live the same way.
🏠 Rent per month
$1,651
$1,783
🛏️ 2-bedroom rent
$1,565
$1,726
💵 Families earn per year
$111,392
$87,100
🔑 Buying a house
$395,900
$548,300
📊 Overall prices (U.S. = 100)
105.4
101.0
🏛️ Property tax per year
$4,982
$2,358
⚡ Electric bill per month
$136
$129
👥 People living there
288,976
273,212
Commute to work
18.8 min
20.3 min
College degree
38.7%
36.8%
Own their home
63.9%
49.8%
Below poverty line
8.9%
12.6%
Unemployment
4.6%
5.1%
Bottom line
- Pick Anchorage for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Anchorage | Reno | Difference |
|---|---|---|---|
| HVAC Technician | $85,620 | $61,940 | -28% in Reno |
| Firefighter | $64,810 | $81,360 | +26% in Reno |
| Elementary School Teacher | $79,270 | $62,430 | -21% in Reno |
| Software Developer | $104,030 | $125,710 | +21% in Reno |
| Police Officer | $115,020 | $92,130 | -20% in Reno |
| Plumber | $93,600 | $77,020 | -18% in Reno |
| Carpenter | $72,800 | $62,350 | -14% in Reno |
| Cashier | $36,350 | $31,190 | -14% in Reno |
Frequently asked questions
Is Anchorage or Reno cheaper to live in?
Reno is about 4% cheaper overall. Rent is $1,783 a month there versus $1,651 in Anchorage.
What salary do I need in Reno to match $60,000 in Anchorage?
About $57,492 a year gives the same standard of living in Reno.
Where do people earn more, Anchorage or Reno?
The typical household earns $111,392 in Anchorage and $87,100 in Reno, 28% more in Anchorage.