City Comparison

London vs Reno

Cost of Living Comparison · 2026

London

United Kingdom
115
Above Average
$695,000
Median Home
$2,400/mo
Median Rent
$55,000
Median Income

Reno

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

The Verdict

3.6%

The cost gap between these cities is 3.6%, with Reno being the more affordable option. A $75,000 income in London has equivalent purchasing power to $72,391 in Reno.

Category-by-Category Breakdown

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

Housing
162
London
133
Reno
Groceries
92
London
102
Reno
Utilities
112
London
93
Reno
Transportation
125
London
105
Reno
Healthcare
78
London
96
Reno

Salary Equivalence

A $75,000 salary in London has the same purchasing power as $72,391 in Reno.

Conversely, $75,000 in Reno equals $77,703 in London.

Living in London vs Reno

Housing Costs

London's housing index of 162 is higher Reno's 133, translating to median home prices of $695,000 vs $450,000. The $245,000 difference in home prices means roughly $15,924 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,400/mo in London compared to $1,600/mo in Reno, a monthly difference of $800.

Grocery & Food Costs

Grocery expenses index at 92 in London and 102 in Reno. A household spending the national average of $475/month on groceries would pay approximately $437/month in London vs $485/month in Reno. London offers a meaningful advantage on everyday food costs, saving roughly $576/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 112 in London and 93 in Reno. Monthly utility bills average approximately $448 in London vs $372 in Reno. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 78 in London and 96 in Reno. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 18-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,000 in London and $61,648 in Reno. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $47,826 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 $1,283/month to housing in London vs $1,438/month in Reno. In London, median rent of $2,400/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 29 index points — focus your budget analysis there.

Frequently Asked Questions

Reno is 3.6% more affordable overall with an index of 111 vs 115.
A $75,000 salary in London has equivalent purchasing power to approximately $72,391 in Reno, based on the cost of living difference.
London's housing index is 162 with median homes at $695,000, while Reno's is 133 with median homes at $450,000.

Moving & Relocation Resources

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