Cost of Living in Cold Springs, NV

Population 11,223 · Nevada · Data vintage 2023

139
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Cold Springs sits on the smaller end of the Nevada city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Geographically, Cold Springs sits roughly 12 miles northwest of Reno. Median home values run roughly 16% lower than Reno's $499,000.

Cost Overview

Housing 137
Rent 141

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Cold Springs

The median home value in Cold Springs is $417,800 — 37% above the national median of $305,000. Median rent runs $1,854/month, 41% higher than the national median of $1,314/month. The median household income of $82,450/year is 11% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. Nevada charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 68.8°F and lows of 41.1°F, with about 20.9" of annual snowfall. Overall, Cold Springs has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

🏠 Housing

Median Home Value
$417,800
37% above avg
Median Rent
$1,854/mo
41% above avg
Price-to-Rent Ratio
18.8x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$961
1 BR
$1,006
2 BR
$1,320
3 BR
$1,821
4 BR
$2,217
Owner-occupied 91.1%
Renter-occupied 8.9%

💰 Estimated Monthly Budget

Rent median rent
$1,854
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,468/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.7 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
75.2%
Carpooled
13.1%
Public transit
0.3%
Walked
1.4%
Work from home
8.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.8%
Avg local rate 1.4%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$82,450
11% above avg
Per Capita Income
$32,343
Unemployment Rate
2.9%
39% below avg
Poverty Rate
5.0%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 11.3%
Graduate degree 6.7%

👥 Demographics

Median Age 35.2
Male median age 34.2
Female median age 37.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.8°F
Avg Low
41.1°F
Annual Precip
7.4"
Annual Snowfall
20.9"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485259657485949284705747
Low °F 262934394754605850403126
Precip" 1.251.030.800.440.550.410.200.240.210.500.621.10
Snow" 5.25.22.90.40.10.00.00.00.00.11.85.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
52.3%
Good air days/yr
97
Max AQI recorded
112
PM2.5 days
248
Ozone days

Frequently Asked Questions

What is the cost of living in Cold Springs, NV?

Cold Springs has a cost index of 139 (100 = national average). It is 39% above the national average.

What is average rent in Cold Springs, NV?

The median gross rent in Cold Springs is $1,854 per month based on 2023 Census data.

What is the average home price in Cold Springs?

The median home value in Cold Springs is $417,800 according to 2023 Census ACS data.

What is the median income in Cold Springs?

The median household income in Cold Springs is $82,450 per year (2023 ACS 5-year estimates).

What is the sales tax in Cold Springs, NV?

The combined state and local sales tax rate in Cold Springs is 8.2%. Nevada has no state income tax.

Is Cold Springs, NV affordable?

Cold Springs is above average in cost of living, with an index of 139 — about 39% higher than the national average.

What is the weather like in Cold Springs?

Cold Springs has average high temperatures of 68.8°F and average lows of 41.1°F. Annual precipitation is 7.4". Average annual snowfall is 20.9". Data from NOAA 1991–2020 Climate Normals.

Cold Springs at a Glance

Population
11,223
Median Income
$82,450
Home Value
$417,800
Median Rent
$1,854/mo
Unemployment
2.9%
Avg High Temp
68.8°F
Sales Tax
8.2%
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🗺️ County data for Nevada

Explore county-level cost of living data

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