Cost of Living: Newark, NJ vs Spring Valley, NV (2026)

Newark

New Jersey
100
VS

Spring Valley

Nevada
119

Newark is 16% cheaper than Spring Valley.

$1,330/mo ↓ 19%
Median Rent
$1,642/mo ↑ 23%
$48,416/yr ↓ 33%
Median Income
$72,364/yr ↑ 49%
$337,800 ↓ 17%
Home Value
$407,900 ↑ 21%
$1,419/mo ↓ 9%
Owner Costs
$1,554/mo ↑ 10%
307,188
Population
219,913

Tax Comparison

10.75%
Income Tax
0%
6.625%
State Sales Tax
6.85%
2.23%
Property Tax
0.53%

Affordability

33.0%
rent-to-income
Affordability
27.2%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Spring Valley, NV, the overall cost of living indices are 100 and 119 respectively (national median = 100). Rent is $312/month cheaper in Newark, saving renters about $3,744/year.

Median household income is $23,948/year higher in Spring Valley. Home values also differ significantly — the median in Newark is $337,800 compared to $407,900 in Spring Valley.

Nevada has no state income tax, giving Spring Valley residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

Newark vs Spring Valley — common questions

Is Newark or Spring Valley cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 119 (US average = 100).
What is the rent difference between Newark and Spring Valley?
Median rent in Newark is $1,330/month and in Spring Valley it's $1,642/month — a difference of $312/month.
Which city has higher income, Newark or Spring Valley?
Median household income is $48,416 in Newark and $72,364 in Spring Valley. Median household income is $23,948/year higher in Spring Valley.
How do taxes compare between New Jersey and Nevada?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Newark or Spring Valley?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/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 Newark details → View Spring Valley details →

More Comparisons

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