Is Salt Lake City, UT cheaper than Reno, NV?

Based on cost of living data, Salt Lake City, UT is 7.6% cheaper than Reno, NV. This translates to saving $573 per month.

What salary do I need in Salt Lake City, UT to live like I do in Reno, NV?

If you earn $150,000 in Reno, NV, you'd need approximately $143,120.547 in Salt Lake City, UT to maintain the same standard of living.

How does housing cost compare between Reno, NV and Salt Lake City, UT?

Housing in Salt Lake City, UT is 15.3% cheaper than in Reno, NV. For a two-bedroom apartment, rent is $1,400/month in Salt Lake City, UT compared to $1,870/month in Reno, NV.

How much can I save per month by moving from Reno, NV to Salt Lake City, UT?

Moving from Reno, NV to Salt Lake City, UT could save you approximately $573 per month, or $6879 per year, based on a $150,000 salary.

Reno, NV vs Salt Lake City, UT: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Reno, NV

Numbers update automatically as you type

You'd save $573/month moving to Salt Lake City, UT

$150.0K in your current city equals $143.1K in Salt Lake City, UT

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 7.6%

Less expensive

Monthly Impact

$573

Savings

Annual Impact

$6.9K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Reno, NV

Population:264K

Cost Index:

100

100 = national average

Median Home:$450K

Salt Lake City, UT

Population:210K

Cost Index:

(8% below avg)

Median Home:$518K

Reno, NV

The Silver State

264K

Population

State Tax

No Income Tax

Located in Nevada, this city has a population of 264K residents.

💡 Advantage: Nevada has no state income tax!

Salt Lake City, UT

The Beehive State

210K

Population

State Tax

Yes

Located in Utah, this city has a population of 210K residents.

Cost Breakdown by Category

Annual spending: Reno, NV vs Salt Lake City, UT

Category	Reno, NV	Salt Lake City, UT	Difference	Change
Housing	$2,989/mo	$2,531/mo	↓ $458less	15.3%
Transportation	$1,544/mo	$1,247/mo	↓ $297less	19.2%
Other	$1,774/mo	$1,670/mo	↓ $105less	5.9%
Groceries	$1,039/mo	$950/mo	↓ $89.29less	8.6%
All Utilities	$508/mo	$472/mo	↓ $36.42less	7.2%
Healthcare	$632/mo	$625/mo	↓ $6.91less	1.1%

Housing

↓ 15.3%

Reno, NV

$2,989

Salt Lake City, UT

$2,531

Difference

$458

less

Transportation

↓ 19.2%

Reno, NV

$1,544

Salt Lake City, UT

$1,247

Difference

$297

less

Other

↓ 5.9%

Reno, NV

$1,774

Salt Lake City, UT

$1,670

Difference

$105

less

Groceries

↓ 8.6%

Reno, NV

$1,039

Salt Lake City, UT

$950

Difference

$89.29

less

All Utilities

↓ 7.2%

Reno, NV

$508

Salt Lake City, UT

$472

Difference

$36.42

less

Healthcare

↓ 1.1%

Reno, NV

$632

Salt Lake City, UT

$625

Difference

$6.91

less

🏠Rent Comparison

Studio

From$1,290

To$1,008

↓ $282

1 Bed

From$1,490

To$1,168

↓ $322

2 Bed

From$1,870

To$1,400

↓ $470

3 Bed

From$2,540

To$1,872

↓ $668

Reno, NVZIP-level data

1BR range: $1,240–$1,820/mo

Salt Lake City, UTZIP-level data

1BR range: $1,310–$1,820/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$8,486

Monthly in Reno, NV

$7,494

Monthly in Salt Lake City, UT

$992

Difference

Home Values

Reno

Salt Lake City

$450K

Median Value

$518K

↓ -0.9%

YoY Change

↑ +0.4%

↑ +27.1%

5-Year Change

↑ +30.4%

$345K - $1.07M

Price Range

$400K - $902K

Homes in Salt Lake City are 15% more expensive than Reno

Calculate payment - Reno Calculate payment - Salt Lake City

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $7.3K

More taxes

Monthly Difference

$606

Less take-home

Effective Rate Diff

4.8%

Rate difference

Reno, NV

Federal Income Tax

Effective: 18.9%

$25.5K

Nevada State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Salt Lake City, UT

Federal Income Tax

Effective: 18.9%

$25.5K

Utah State Tax

Effective: 4.9%

$7.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.5%

$44.3K

Take-Home Pay

$8,809/month

$105.7K

Additional Tax Information

Reno, NV Tax Rates

Sales Tax:8.2%

Property Tax:0.6%

Salt Lake City, UT Tax Rates

Sales Tax:7.4%

Property Tax:0.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.