Cost of Living in Spring Valley, NV
Population 219,913 · Nevada · Data vintage 2023
(100 = US avg)
The Spring Valley cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $408,000, rents near $1,642 a month. At 7.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Spring Valley
The median home value in Spring Valley is $407,900 — 34% above the national median of $305,000. Median rent runs $1,642/month, 25% higher than the national median of $1,314/month. The median household income of $72,364/year is 3% lower than the US median of $74,580. The local unemployment rate is 7.5%, above the national average of 4.8%. Nevada charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.5°F and lows of 59.6°F. Overall, Spring Valley has a cost of living index of 130 versus the US average of 100, meaning it is 30% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 59 | 63 | 71 | 79 | 89 | 99 | 105 | 103 | 95 | 81 | 67 | 57 |
| Low °F | 41 | 44 | 51 | 57 | 66 | 76 | 82 | 81 | 72 | 60 | 47 | 40 |
| Precip" | 0.56 | 0.80 | 0.42 | 0.20 | 0.07 | 0.04 | 0.38 | 0.32 | 0.32 | 0.32 | 0.30 | 0.45 |
| Snow" | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Spring Valley, NV?
Spring Valley has a cost index of 130 (100 = national average). It is 30% above the national average.
What is average rent in Spring Valley, NV?
The median gross rent in Spring Valley is $1,642 per month based on 2023 Census data.
What is the average home price in Spring Valley?
The median home value in Spring Valley is $407,900 according to 2023 Census ACS data.
What is the median income in Spring Valley?
The median household income in Spring Valley is $72,364 per year (2023 ACS 5-year estimates).
What is the sales tax in Spring Valley, NV?
The combined state and local sales tax rate in Spring Valley is 8.2%. Nevada has no state income tax.
Is Spring Valley, NV affordable?
Spring Valley is above average in cost of living, with an index of 130 — about 30% higher than the national average.
What is the weather like in Spring Valley?
Spring Valley has average high temperatures of 80.5°F and average lows of 59.6°F. Annual precipitation is 4.2". Average annual snowfall is 0.2". Data from NOAA 1991–2020 Climate Normals.
Spring Valley at a Glance
- Population
- 219,913
- Median Income
- $72,364
- Home Value
- $407,900
- Median Rent
- $1,642/mo
- Unemployment
- 7.5%
- Avg High Temp
- 80.5°F
- Sales Tax
- 8.2%
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Nevada Rankings
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