City Comparison

Ithaca vs Reno

Cost of Living Comparison · 2026

Ithaca

New York
94
Below Average
$324,000
Median Home
$1,475/mo
Median Rent
$48,600
Median Income

Reno

Nevada
111
Above Average
$450,000
Median Home
$1,600/mo
Median Rent
$61,648
Median Income

The Verdict

15.3%

Ithaca is 15.3% less expensive than Reno overall. A household earning $75,000 in Ithaca would need approximately $88,564 in Reno to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
117
Ithaca
133
Reno
Groceries
103
Ithaca
102
Reno
Utilities
102
Ithaca
93
Reno
Transportation
96
Ithaca
105
Reno
Healthcare
99
Ithaca
96
Reno

Salary Equivalence

A $75,000 salary in Ithaca has the same purchasing power as $88,564 in Reno.

Conversely, $75,000 in Reno equals $63,514 in Ithaca.

Living in Ithaca vs Reno

Housing Costs

Ithaca's housing index of 117 is lower Reno's 133, translating to median home prices of $324,000 vs $450,000. The $126,000 difference in home prices means roughly $8,196 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,475/mo in Ithaca compared to $1,600/mo in Reno, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 103 in Ithaca and 102 in Reno. A household spending the national average of $475/month on groceries would pay approximately $489/month in Ithaca vs $485/month in Reno. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 102 in Ithaca and 93 in Reno. Monthly utility bills average approximately $408 in Ithaca vs $372 in Reno. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 99 in Ithaca and 96 in Reno. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $48,600 in Ithaca and $61,648 in Reno. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $51,702 and $55,539 respectively. Reno residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Ithaca vs $1,438/month in Reno. In Ithaca, median rent of $1,475/mo exceeds this threshold, suggesting renters may feel stretched. In Reno, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 16 index points — focus your budget analysis there.

Frequently Asked Questions

Ithaca is 15.3% more affordable overall with an index of 94 vs 111.
A $75,000 salary in Ithaca has equivalent purchasing power to approximately $88,564 in Reno, based on the cost of living difference.
Ithaca's housing index is 117 with median homes at $324,000, while Reno's is 133 with median homes at $450,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases