Memphis is 10% 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
$1,399
$1,783
🛏️ 2-bedroom rent
$1,194
$1,726
💵 Families earn per year
$55,797
$87,100
🔑 Buying a house
$169,000
$548,300
📊 Overall prices (U.S. = 100)
92.2
101.0
🏛️ Property tax per year
$1,845
$2,358
⚡ Electric bill per month
$223
$129
👥 People living there
618,980
273,212
Commute to work
21.1 min
20.3 min
College degree
28%
36.8%
Own their home
44.9%
49.8%
Below poverty line
23.1%
12.6%
Unemployment
8.3%
5.1%
Bottom line
- Pick Memphis for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Reno for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Memphis | Reno | Difference |
|---|---|---|---|
| Dental Hygienist | $78,580 | $117,850 | +50% in Reno |
| Licensed Practical Nurse | $59,140 | $78,600 | +33% in Reno |
| Registered Nurse | $81,500 | $107,520 | +32% in Reno |
| Plumber | $58,690 | $77,020 | +31% in Reno |
| Firefighter | $62,910 | $81,360 | +29% in Reno |
| Carpenter | $50,620 | $62,350 | +23% in Reno |
| Nursing Assistant | $38,010 | $46,760 | +23% in Reno |
| Police Officer | $75,410 | $92,130 | +22% in Reno |
Frequently asked questions
Is Memphis or Reno cheaper to live in?
Memphis is about 10% cheaper overall. Rent is $1,399 a month there versus $1,783 in Reno.
What salary do I need in Reno to match $60,000 in Memphis?
About $65,751 a year gives the same standard of living in Reno.
Where do people earn more, Memphis or Reno?
The typical household earns $55,797 in Memphis and $87,100 in Reno, 36% more in Reno.