Cost of Living: Colorado Springs, CO vs Spring Valley, NV (2026)

Colorado Springs

Colorado
119
VS

Spring Valley

Nevada
119

Colorado Springs and Spring Valley have a similar cost of living.

$1,562/mo ↓ 5%
Median Rent
$1,642/mo ↑ 5%
$83,198/yr ↑ 15%
Median Income
$72,364/yr ↓ 13%
$420,700 ↑ 3%
Home Value
$407,900 ↓ 3%
$1,592/mo ↑ 2%
Owner Costs
$1,554/mo ↓ 2%
483,099
Population
219,913

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.85%
0.51%
Property Tax
0.53%

Affordability

22.5%
rent-to-income
Affordability
27.2%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Spring Valley, NV, the overall cost of living indices are 119 and 119 respectively (national median = 100). Rent is $80/month cheaper in Colorado Springs, saving renters about $960/year.

Median household income is $10,834/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $407,900 in Spring Valley.

Nevada has no state income tax, giving Spring Valley residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Colorado Springs vs Spring Valley — common questions

Is Colorado Springs or Spring Valley cheaper to live in?
Based on our cost index, Spring Valley is cheaper to live in with an index of 119 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Spring Valley?
Median rent in Colorado Springs is $1,562/month and in Spring Valley it's $1,642/month — a difference of $80/month.
Which city has higher income, Colorado Springs or Spring Valley?
Median household income is $83,198 in Colorado Springs and $72,364 in Spring Valley. Median household income is $10,834/year higher in Colorado Springs.
How do taxes compare between Colorado and Nevada?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Colorado Springs or Spring Valley?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Spring Valley has a cost index of 119 with rent of $1,642/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Spring Valley details →

More Comparisons

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