Cost of Living: Downey, CA vs Reno, NV

Housing

The housing market plays a significant role in determining the cost of living.

Metric Downey Reno
Housing Index 140.0 120.0
Median Home Price $600,000 $458,000
Average Rent (2 BR Apartment) $2500 $1800
Average Rent (2 BR House) $2400 $1900

Housing Comparison: Downey vs Reno

  • In Downey, the median home price is higher at $600,000, while in Reno it is $458,000.
  • Renting a two-bedroom apartment costs more in Downey at $2,500 than in Reno at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Downey Reno
Electricity Price $32.99 $15.5
Natural Gas Price $16.99 $20.66
Other Utilities $250 $250

Utilities Comparison: Downey vs Reno

  • Electricity costs are higher in Downey at $32.99 per kWh, compared to $15.5 in Reno.
  • Reno experiences higher natural gas costs at $20.66 per unit, with costs at $16.99 in Downey.
  • Utility expenses are equal in both Downey and Reno averaging $250.