CostIndexUSA

Corvallis, OR vs Reno, NV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableNV
Reno
101
overall index
$1,900/mo rent

Reno is slightly cheaper than Corvallis — 2.9% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $77,700 in Reno. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+8.0%
Corvallis
114.4
Reno
123.5
🛒 Groceries8.5%
Corvallis
105.3
Reno
96.3
🚗 Transportation1.5%
Corvallis
105.3
Reno
103.7
🏥 Healthcare1.6%
Corvallis
95.3
Reno
93.8
Utilities17.8%
Corvallis
108.6
Reno
89.3

Salary Equivalency Calculator

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

$
Equivalent salary in Reno, NV
$77,700
$2,300 less needed in Reno

Formula: salary × (101 ÷ 104) = salary × 0.9712. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Reno, NV

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

Reno has 8.0% higher housing costs compared to Corvallis.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

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).

Corvallis, OR
3.1×income-to-rent ratio

68% 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.