Overall 3%
Goods & Services 3%
Housing 5%
Find Homes Find Rentals
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexSpring ValleyNevadaNational
Cost of living103102100
Goods & Services9797100
Health care98101100

Key findings

  • The cost of living in Spring Valley is 1% higher than the Nevada average
  • The cost of living in Spring Valley is 3% higher than the national average
  • Spring Valley housing is 5% higher than the national average
  • Nevada general sales tax is 35% higher than the national average
  • Nevada state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Spring Valley

See all the best places to live around Spring Valley

Compare Spring Valley, NV Cost of Living

      How would you rate the cost of living in Spring Valley?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Spring Valley?
      Write a review to give others more information about this area.
      See all Spring Valley poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Spring Valley, NV, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Spring Valley homeowners, is $62,475. This would allow for a maximum of $1,458 per month to be spent on housing costs. For renters, the median monthly income is $43,671 which would result in a maximum of $1,019 to be spent on rental costs.

      Nevada Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Nevada Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemSpring ValleyNational avg.Difference
      Haircut $16.20$20.2720.1%
      Beauty Salon $46.03$40.3914.0%
      Toothpaste $2.62$2.3611.1%
      Shampoo $0.98$1.089.0%
      Movie $11.99$10.999.1%
      Bowling $19.34$15.4924.8%


      ItemSpring ValleyNational avg.Difference
      Ground Beef $5.03$4.3017.0%
      Fried Chicken $1.70$1.4021.7%
      Milk $2.79$2.2026.8%
      Potatoes $2.82$3.2212.5%
      Pizza $11.96$10.7411.3%
      Beer $9.04$9.605.8%

      Health Care

      ItemSpring ValleyNational avg.Difference
      Optometrist $103.80$109.735.4%
      Doctor $109.27$118.347.7%
      Dentist $102.27$100.941.3%
      Ibuprofen $9.58$9.933.5%
      Lipitor $478.33$469.531.9%


      ItemSpring ValleyNational avg.Difference
      Home Price $187,900.00$184,700.001.7%
      Avg. Mortgage Payment $1,365.01$1,229.6211.0%
      Apartment Rent $1,061.00$949.0011.8%


      ItemSpring ValleyNational avg.Difference
      Gasoline $3.24$2.7119.6%
      Tire Balancing $63.08$51.8621.6%


      ItemSpring ValleyNational avg.Difference
      All Electricity$159.67$170.846.5%
      Phone $178.82$187.184.5%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      CityPopulationCost of Living IndexNational Avg.
      Nellis AFB, NV3,2529010.1%
      Sunrise Manor, NV192,873937.0%
      Winchester, NV27,986946.2%
      Whitney, NV41,124954.8%
      Paradise, NV229,666990.9%
      Spring Valley, NV190,6611032.9%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Salt Lake City, UT191,4461087.5%
      Huntsville, AL188,973936.7%
      Tallahassee, FL188,466981.9%
      Sunrise Manor, NV192,873937.0%
      Mobile, AL193,7178812.5%
      Spring Valley, NV190,6611032.9%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.