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
$1,649
$1,783
🛏️ 2-bedroom rent
$1,805
$1,726
💵 Families earn per year
$87,192
$87,100
🔑 Buying a house
$362,200
$548,300
📊 Overall prices (U.S. = 100)
104.8
101.0
🏛️ Property tax per year
$4,339
$2,358
⚡ Electric bill per month
$91
$129
👥 People living there
427,246
273,212
Commute to work
22 min
20.3 min
College degree
55.5%
36.8%
Own their home
47.7%
49.8%
Below poverty line
16%
12.6%
Unemployment
5.9%
5.1%
Bottom line
- Pick Minneapolis for lower rent, higher incomes, cheaper homes and 1 more.
- Pick Reno for cheaper 2-bedroom apartments, shorter commutes, less poverty and 1 more.
Pay for the same job
| Job | Minneapolis | Reno | Difference |
|---|---|---|---|
| Firefighter | $39,350 | $81,360 | +107% in Reno |
| Market Research Analyst | $97,910 | $66,260 | -32% in Reno |
| Plumber | $101,630 | $77,020 | -24% in Reno |
| Elementary School Teacher | $79,730 | $62,430 | -22% in Reno |
| HVAC Technician | $77,490 | $61,940 | -20% in Reno |
| Licensed Practical Nurse | $65,660 | $78,600 | +20% in Reno |
| Carpenter | $74,060 | $62,350 | -16% in Reno |
| Cashier | $35,760 | $31,190 | -13% in Reno |
Frequently asked questions
Is Minneapolis or Reno cheaper to live in?
Reno is about 4% cheaper overall. Rent is $1,783 a month there versus $1,649 in Minneapolis.
What salary do I need in Reno to match $60,000 in Minneapolis?
About $57,820 a year gives the same standard of living in Reno.
Where do people earn more, Minneapolis or Reno?
The typical household earns $87,192 in Minneapolis and $87,100 in Reno, 0% more in Minneapolis.