The Bay area draws in creatives, tech geniuses, and entrepreneurs of all kinds. San Francisco continues to be a beacon for those working in various fields, but with large spikes in industries working remotely, it has caused many to look to other cities that may be cheaper and offer a variety of amenities that aren’t offered in San Francisco. So, how does Reno stack up against San Francisco?

Cost Comparison:

• The median price of homes sold in January of 2021 was $446,702 in Reno, while the median price of homes sold was $1,745,000 in San Francisco. The median price in Reno is 75% less than that of San Francisco.
• It costs 61% less to rent in Reno than in San Francisco.
• Costs to register your vehicle are 53% cheaper in Reno.
• Transportation costs are 43% more in San Francisco.
• Child care costs nearly 20% more in San Francisco.
• Auto insurance is 15% cheaper in Reno.
• Sales tax is roughly 3% less in Reno than in San Francisco.
• Utilities cost 2% more in San Francisco.
• Reno has no state income tax.

Commutes:

• Commute times for Reno residents averages 20 minutes.
• Commute times for San Francisco residents averages 45 minutes.
• Average gas price for Reno is $2.77 and $3.23 for San Francisco, making commutes cheaper and faster in Reno.

Reno’s National Rankings in 2020:

• #1 Best Small Cities of 2020 – BestCities.org
• #4 Best-Performing Cities of 2020 – Milken Institute
• #11 Best Places For Business And Careers – Forbes
• #17 Best Cities for Outdoor Activities in America – Niche
• #38 Best Places to Live – U.S. News and World Report
• Top 100 Best Places to Live – Livability

Reno and San Francisco share a lot in common when it comes to climate. With nearly identical sunny days, Reno only differs from San Francisco in snowfall and colder winter temperatures. On average, Reno has a lower cost of living, shorter commute times, and continuously ranks well in national reports.

The Biggest Little City in the World is expanding and becoming a beacon for city dwellers that don’t want to give up outdoor amenities and close-knit communities for events, attractions, and businesses — Reno has it all in spades!

If you or someone you know is considering relocating to Reno, contact the David Morris Group. We’re happy to share our insights on the city and make it a smooth transition from visitor to resident!