Zip 89147 (Spring Valley, NV) Cost of Living


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Spring Valley cost of living score
110.6
More expensive
10.6% higher
than the US average
0.8% higher
than the Nevada average
Spring Valley (zip 89147), Nevada gets a BestPlaces Cost of Living score of 110.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.6% higher than the U.S. average and 0.8% lower than the average for Nevada.

Zip 89147 (Spring Valley, NV)

Housing costs in Spring Valley?
A typical home costs $389,500, which is 15.2% more expensive than the national average of $338,100 and 6.6% less expensive than the average Nevada home, at $417,100. Renting a two-bedroom unit in Spring Valley costs $1,670 per month, which is 15.2% more than the national average of $1,450 and 12.6% more than the state average of $1,460.

Can I afford Spring Valley?
To live comfortably in Spring Valley (zip 89147), Nevada, a minimum annual income of $74,520 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Spring Valley?
The cost of living in 89147 Spring Valley, NV is quite affordable and there are many amenities available for residents. The rent for a one-bedroom apartment usually costs around $800 per month while the median home price is around $220,000. Groceries, entertainment, and transportation are also relatively inexpensive in comparison to other cities in the area. Additionally, utilities such as electricity and water are reasonably priced. Overall, living in 89147 Spring Valley offers a high quality of life at an affordable cost.
   Cost of living score
     CategoriesSpring ValleyNevadaUnited States
  110.6109.7100.0
  103.5100.3100
  93.094.6100.0
  115.3122.9100.0
  $389,500$417,100$338,100
  103.9%97.2%100.0%
  128.3116.7100.0
  108.6100.3100.0

   100=National Average

   Average Rent by Bedroom Size
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