Living Cost Compare
Austin

Texas

$1,660/mo est.

vs
Reno

Nevada

$1,350/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,660 in Austin, TX versus $1,350 in Reno, NV. Overall, Reno, NV is roughly 19% cheaper to live in day-to-day than Austin, TX, driven mainly by rent.

Median household income is $91,461 in Austin, TX and $78,448 in Reno, NV — about 14% higher in Austin, TX. Texas has no state income tax and a 6.25% state sales tax; Nevada has no state income tax and a 6.85% state sales tax.

Rent

Studio
$1,348
$964
+28% in Austin, TX
1 Bedroom
$1,457
$1,206
+17% in Austin, TX
2 Bedroom
$1,776
$1,518
+15% in Austin, TX
3 Bedroom
$2,127
$1,885
+11% in Austin, TX

Buying a Home

Median Home Value
$512,700
$498,600
+3% in Austin, TX

Income

Median Household Income
$91,461
$78,448
+14% in Austin, TX
Metro Median Wage (annual)
$56,950
$49,660
+13% in Austin, TX

People & Lifestyle

Median Age
34.5 yr
37.3 yr
+2.8 yr in Reno, NV
Homeownership
44.4%
49.4%
+5.0 pp in Reno, NV
Bachelor's+ (25+)
58.2%
35.7%
+22.5 pp in Austin, TX
Avg Commute
24.0 min
20.6 min
+3.4 min in Austin, TX

Crime (per 100k/yr)

Violent Crime
476.1
528.9
+11% in Reno, NV
Property Crime
3,290.7
2,489.3
+24% in Austin, TX

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
67.2°F
53.8°F
+13.4°F in Austin, TX
Annual Precipitation
34.9 in
7.4 in
+27.5 in in Austin, TX

Gas

Regular Gasoline
$3.62/gal
$5.09/gal
+41% in Reno, NV

Area: Texas vs West Coast (PADD 5).

Public Transit

Base Fare (one-way)
$1.25

Adult base one-way fare — CapMetro vs (2026).

Utilities

Electricity (¢/kWh)
16.4
13.6
+17% in Austin, TX
Natural Gas ($/MCF)
$30.48
$12.09
+60% in Austin, TX

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.00
$4.82
+20% in Reno, NV
Bread (lb)
$1.75
$2.04
+17% in Reno, NV
Eggs (doz)
$2.21
$2.19
+1% in Austin, TX
Ground Beef (lb)
$6.45
$7.36
+14% in Reno, NV
Chicken (lb)
$1.90
$2.01
+6% in Reno, NV
Bananas (lb)
$0.62
$0.70
+14% in Reno, NV

Average prices — South vs West (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (TX / NV)
6.25%
6.85%
+0.6 pp in NV
Income Tax (top rate)
None
None
about equal

Austin vs Reno — FAQ

Is it cheaper to live in Austin or Reno?
Reno, NV is cheaper. Its monthly baseline of $1,350 (1BR rent + utilities) runs about 19% below Austin, TX's $1,660, mainly because of rent.
How much more do you need to earn to live in Austin than in Reno?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $58,000 a year in Austin versus $48,000 in Reno.
Which has lower taxes, Austin or Reno?
Austin is taxed under Texas's rules (no state income tax and a 6.25% state sales tax); Reno under Nevada's (no state income tax and a 6.85% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).