CostIndexUSA

Denver, CO vs Reno, NV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Denver
105.8
overall index
$1,850/mo rent
More AffordableNV
Reno
101
overall index
$1,900/mo rent

Reno is slightly cheaper than Denver — 4.5% lower overall cost of living.

To match an $80,000 salary in Denver, you would need $76,400 in Reno. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing15.9%
Denver
146.9
Reno
123.5
🛒 Groceries4.7%
Denver
101
Reno
96.3
🚗 Transportation0.7%
Denver
104.4
Reno
103.7
🏥 Healthcare0.7%
Denver
94.5
Reno
93.8
Utilities+1.6%
Denver
87.9
Reno
89.3

Salary Equivalency Calculator

Enter your current salary in Denver to see what you'd need to earn in Reno to maintain the same purchasing power.

$
Equivalent salary in Reno, NV
$76,400
$3,600 less needed in Reno

Formula: salary × (101 ÷ 105.8) = salary × 0.9546. Based on BEA Regional Price Parities.

Housing Market

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Reno, NV

Median Home Price
$551,000
Median Monthly Rent
$1,900
Housing Index
123.5
Price-to-Rent Ratio
24.2×

Denver has 15.9% lower housing costs compared to Reno.

Income & Job Market

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Reno, NV

Median Household Income
$83,800
Per Capita Income
$47,800
Unemployment Rate
3.8%
Population
264,165
Top Industries
GamingHealthcareManufacturingTechnologyLogistics

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Denver, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Reno, NV
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.