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

Spring Valley

Nevada
119
VS

Elizabeth

New Jersey
112

Spring Valley is 6% more expensive than Elizabeth.

$1,642/mo ↑ 12%
Median Rent
$1,463/mo ↓ 11%
$72,364/yr ↑ 13%
Median Income
$63,874/yr ↓ 12%
$407,900 ↑ 4%
Home Value
$393,500 ↓ 4%
$1,554/mo ≈ Same
Owner Costs
$1,543/mo ≈ Same
219,913
Population
135,887

Tax Comparison

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

Affordability

27.2%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Spring Valley, NV and Elizabeth, NJ, the overall cost of living indices are 119 and 112 respectively (national median = 100). Rent is $179/month cheaper in Elizabeth, saving renters about $2,148/year.

Median household income is $8,490/year higher in Spring Valley. Home values also differ significantly — the median in Spring Valley is $407,900 compared to $393,500 in Elizabeth.

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

Frequently Asked Questions

Spring Valley vs Elizabeth — common questions

Is Spring Valley or Elizabeth cheaper to live in?
Based on our cost index, Elizabeth is cheaper to live in with an index of 112 compared to 119 (US average = 100).
What is the rent difference between Spring Valley and Elizabeth?
Median rent in Spring Valley is $1,642/month and in Elizabeth it's $1,463/month — a difference of $179/month.
Which city has higher income, Spring Valley or Elizabeth?
Median household income is $72,364 in Spring Valley and $63,874 in Elizabeth. Median household income is $8,490/year higher in Spring Valley.
How do taxes compare between Nevada and New Jersey?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Spring Valley or Elizabeth?
It depends on your priorities. Spring Valley has a cost index of 119 with median rent of $1,642/mo, while Elizabeth has a cost index of 112 with rent of $1,463/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Spring Valley details → View Elizabeth details →

More Comparisons

Other cost of living comparisons for Spring Valley and Elizabeth

Spring Valley vs. Port St. Lucie Spring Valley vs. Huntsville Spring Valley vs. Tacoma Spring Valley vs. Modesto Spring Valley vs. San Bernardino Spring Valley vs. Des Moines Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland