Reno vs Philadelphia-Camden-Wilmington

Cost of living comparison based on BEA Regional Price Parities. Philadelphia-Camden-Wilmington is 1.5% more expensive than Reno.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Reno, NV at an overall Regional Price Parity of 101.0 and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD at 102.6, using the U.S. national average of 100 as the reference point. That puts Philadelphia-Camden-Wilmington 1.5% more expensive than Reno on a blended basket of goods, services, and rents. The raw index gap of 1.5 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Reno indexes goods at 96.3, services at 89.3, and rents at 123.5, while Philadelphia-Camden-Wilmington comes in at 96.8, 114.4, and 113.1 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Reno carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Reno has the same purchasing power as $101,525 in Philadelphia-Camden-Wilmington based on these indexes. The two metros serve populations of roughly 556,539 (Reno) and 6,241,882 (Philadelphia-Camden-Wilmington), and median household incomes are $84,684 versus $89,273 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Reno
101.0
Cost Index
Philadelphia-Camden-Wilmington
102.6
Cost Index

Category Breakdown

Category Reno Philadelphia-Camden-Wilmington Difference
Overall 101.0 102.6 +1.5
Goods 96.3 96.8 +0.6
Services 89.3 114.4 +25.1
Rents 123.5 113.1 -10.3

Visual Comparison

Overall
Reno
101.0
Philadelphia-Camden-Wilmington
102.6
Goods
Reno
96.3
Philadelphia-Camden-Wilmington
96.8
Services
Reno
89.3
Philadelphia-Camden-Wilmington
114.4
Rents
Reno
123.5
Philadelphia-Camden-Wilmington
113.1

Vertical line = national average (100)

Salary Equivalents

What a salary in Reno would need to be in Philadelphia-Camden-Wilmington for the same purchasing power:

In Reno In Philadelphia-Camden-Wilmington Difference
$50,000 $50,762 +$762
$75,000 $76,143 +$1,143
$100,000 $101,525 +$1,525
$150,000 $152,287 +$2,287

Use the salary calculator for custom amounts.

Metro Context

Metric Reno Philadelphia-Camden-Wilmington
Population 556,539 6,241,882
Median Income $84,684 $89,273
Data Year 2024 2024

Frequently Asked Questions

Is Philadelphia-Camden-Wilmington more expensive than Reno?
Philadelphia-Camden-Wilmington is 1.5% more expensive than Reno. The overall cost index is 102.6 vs 101.0 (national average = 100).
What salary in Philadelphia-Camden-Wilmington equals $100K in Reno?
A $100,000 salary in Reno has the same purchasing power as $101,525 in Philadelphia-Camden-Wilmington. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Reno and Philadelphia-Camden-Wilmington?
Rents in Reno are indexed at 123.5 while Philadelphia-Camden-Wilmington is at 113.1 (national average = 100). Reno has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial