Cold Springs, NV

Above Avg · 127

Nevada · Population 11,223 · Updated March 2026

$1,854
Median Rent / Month
$82,450
Median Income
$417,800
Median Home Value
$1,592
Owner Costs / Month

Affordability

How far your income goes in Cold Springs

27.0%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Nevada

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.85%
Sales Tax
0.53%
Property Tax Rate

Estimated Annual Costs

$22,248
Annual Rent
$0
State Income Tax
$2,214
Property Tax (est.)

Cost of Living Overview

Cold Springs has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 127 (where 100 equals the national median), Cold Springs residents can expect to pay median rent of $1,854/month while earning a median household income of $82,450/year.

The median home value in Cold Springs, NV is $417,800, with typical monthly owner costs around $1,592 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.0%, Cold Springs falls within the generally affordable range, though it's approaching the 30% burden threshold.

Nevada has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.85% sales tax rate and 0.53% effective property tax rate, the overall tax environment helps keep costs manageable in Cold Springs.

Frequently Asked Questions

Common questions about living costs in Cold Springs

What is the cost of living in Cold Springs, NV?
The cost of living index in Cold Springs, NV is 127 (US average = 100). Median monthly rent is $1,854, median household income is $82,450/year, and the median home value is $417,800.
Is Cold Springs, NV affordable?
No, Cold Springs is more expensive than the national average with a cost index of 127. The rent-to-income ratio is 27.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Cold Springs, NV?
The median gross rent in Cold Springs, NV is $1,854 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,248.
What is the median household income in Cold Springs?
The median household income in Cold Springs, NV is $82,450 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Nevada?
Nevada has a top income tax rate of 0%, a sales tax of 6.85%, and an effective property tax rate of 0.53%. Notably, there is no state income tax.