Zip 89148 (Spring Valley, NV) Cost of Living


1 Reviews



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How much do I need to live in Spring Valley, Nevada?
$7,290 / month
for a family, 35.0% more expensive than the national average A total of $87,480 for the year for a family.
$5,000 / month
for a single person, 4.9% more expensive than the national average A total of $60,000 for the year for a single person.

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 89148), 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 89148 (Spring Valley, NV)

Housing costs in Spring Valley?
A typical home costs $455,800, which is 34.8% more expensive than the national average of $338,100 and 9.3% more expensive than the average Nevada home, at $417,100. Renting a two-bedroom unit in Spring Valley costs $1,800 per month, which is 24.1% more than the national average of $1,450 and 18.9% more than the state average of $1,460.

Can I afford Spring Valley?
To live comfortably in Spring Valley (zip 89148), Nevada, a minimum annual income of $87,480 for a family, and $60,000 for a single person is recommended.

What does A.I. say about Spring Valley?
Living in 89148 Spring Valley, NV is relatively affordable compared to the average cost of living in the rest of the state. The median home value is about $250,000, which is lower than the national median home value. Additionally, groceries and other goods tend to be cheaper than the state average. Renters can expect to pay around $1,100 for a one bedroom apartment while owning a home will require a mortgage payment of around $1,300 per month. In general, 89148 Spring Valley offers an affordable place to live for those looking to move to Nevada.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSpring ValleyNevadaUnited States
    Unlock109.7100.0
  104.2  Unlock100.0
    Unlock94.6100.0
  134.8  Unlock100.0
    Unlock$417,100$338,100
  103.9  Unlock100.0
    Unlock116.7100.0
  108.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Spring Valley
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Over 13 years ago

Las Vegas has become depressed, lacking jobs to pay for houses who's market is the worst in the country. Transient workers make the area high in  More

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