Housing costs in Silver Springs?
A typical home costs
$285,600, which is 15.5% less expensive than the national average of
$338,100 and 31.5% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Silver Springs costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 34.3% cheaper than the state average of
$1,450.
Can I afford Silver Springs?
To live comfortably in Silver Springs, Nevada, a minimum annual income of
$54,720 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Silver Springs?
The cost of living in Silver Springs, NV is fairly affordable when compared to other locations in the United States. The median home price in Silver Springs sits at around $150,000, making it an achievable purchase for many people. Renting a home or apartment is also very reasonably priced with median costs ranging from $850-900 per month. Grocery stores in the area offer competitive prices for quality food items and there are numerous restaurants that provide delicious cuisine at very reasonable prices. Utility costs are also relatively low due to the temperate climate that Silver Springs enjoys year round. All in all, living in Silver Springs can be quite economical when it comes to daily living expenses.