Pasadena vs Reno: Cost of Living Comparison

How does the cost of living in Pasadena, Texas compare to Reno, Nevada? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.

Summary: Pasadena is the more affordable city overall. Housing costs are 63% lower in Pasadena compared to Reno, while rent is 15% lower.

MetricPasadena, TXReno, NVDiff
Housing
Median Home Value$171,600$462,100-62.9%
Median Monthly Rent$1,159$1,360-14.8%
Income
Median Household Income$64,698$73,073-11.5%
Per Capita Income$27,913$43,245-35.5%
Taxes
State Income Tax RateNoneNonesame
Combined Sales Tax8.2%8.2%same
Demographics
Population150,620265,196-43.2%

Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).

Rent vs. Buy Calculator — Pasadena

Monthly Mortgage (P&I)
$857
Property Tax
$157/mo
Insurance
$50/mo
Total Monthly Cost to Own
$1,064
Buying saves $95/mo
Based on $1,159/mo rent vs $1,064/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Rent vs. Buy Calculator — Reno

Monthly Mortgage (P&I)
$2,308
Property Tax
$424/mo
Insurance
$135/mo
Total Monthly Cost to Own
$2,866
Renting saves $1,506/mo
Based on $1,360/mo rent vs $2,866/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Key Takeaways

Methodology

This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).

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