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

Reno

Nevada
122
VS

Spring Valley

Nevada
119

Reno is 3% more expensive than Spring Valley.

$1,453/mo ↓ 12%
Median Rent
$1,642/mo ↑ 13%
$78,448/yr ↑ 8%
Median Income
$72,364/yr ↓ 8%
$498,600 ↑ 22%
Home Value
$407,900 ↓ 18%
$1,482/mo ↓ 5%
Owner Costs
$1,554/mo ↑ 5%
268,959
Population
219,913

Tax Comparison

0%
Income Tax
0%
6.85%
State Sales Tax
6.85%
0.53%
Property Tax
0.53%

Affordability

22.2%
rent-to-income
Affordability
27.2%
rent-to-income

Detailed Comparison

When comparing Reno, NV and Spring Valley, NV, the overall cost of living indices are 122 and 119 respectively (national median = 100). Rent is $189/month cheaper in Reno, saving renters about $2,268/year.

Median household income is $6,084/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $407,900 in Spring Valley.

Both cities share the same state tax structure since they are in Nevada.

Frequently Asked Questions

Reno vs Spring Valley — common questions

Is Reno 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 122 (US average = 100).
What is the rent difference between Reno and Spring Valley?
Median rent in Reno is $1,453/month and in Spring Valley it's $1,642/month — a difference of $189/month.
Which city has higher income, Reno or Spring Valley?
Median household income is $78,448 in Reno and $72,364 in Spring Valley. Median household income is $6,084/year higher in Reno.
How do taxes compare between Nevada and Nevada?
Both cities are in Nevada and share the same state tax rates: 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Reno or Spring Valley?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/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 Reno details → View Spring Valley details →

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