Housing costs in Silver Springs?
A typical home costs
$283,600, which is 16.1% less expensive than the national average of
$338,100 and 32.0% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Silver Springs costs
$1,130 per month, which is 22.1% cheaper than the national average of
$1,450 and 2.7% more than the state average of
$1,100.
Can I afford Silver Springs?
To live comfortably in Silver Springs (zip 89429), Nevada, a minimum annual income of
$54,360 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Silver Springs?
The cost of living in 89429 Silver Springs, NV is relatively low compared to other cities in the United States. The median home value is around $133,000, which is well below the national median of $250,000. Likewise, the median rent price for a one-bedroom apartment is just $746 per month – much lower than the national average of $1,050. In addition to being affordable housing options, Silver Springs also has no state income tax and a low sales tax rate of 6.85%, making it an attractive home for those looking to save money on their living expenses.