Spring Valley is 16% cheaper than Lakewood.
When comparing Spring Valley, NV and Lakewood, CO, the overall cost of living indices are 119 and 141 respectively (national median = 100). Rent is $104/month cheaper in Spring Valley, saving renters about $1,248/year.
Median household income is $13,425/year higher in Lakewood. Home values also differ significantly — the median in Spring Valley is $407,900 compared to $548,200 in Lakewood.
Nevada has no state income tax, giving Spring Valley residents a significant tax advantage over Colorado's 4.4% rate.
Spring Valley vs Lakewood — common questions
Other cost of living comparisons for Spring Valley and Lakewood