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

Spring Valley

Nevada
119
VS

Providence

Rhode Island
99

Spring Valley is 20% more expensive than Providence.

$1,642/mo ↑ 23%
Median Rent
$1,333/mo ↓ 19%
$72,364/yr ↑ 8%
Median Income
$66,772/yr ↓ 8%
$407,900 ↑ 26%
Home Value
$322,800 ↓ 21%
$1,554/mo ↑ 6%
Owner Costs
$1,467/mo ↓ 6%
219,913
Population
190,214

Tax Comparison

0%
Income Tax
5.99%
6.85%
State Sales Tax
7.0%
0.53%
Property Tax
1.53%

Affordability

27.2%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Spring Valley, NV and Providence, RI, the overall cost of living indices are 119 and 99 respectively (national median = 100). Rent is $309/month cheaper in Providence, saving renters about $3,708/year.

Median household income is $5,592/year higher in Spring Valley. Home values also differ significantly — the median in Spring Valley is $407,900 compared to $322,800 in Providence.

Nevada has no state income tax, giving Spring Valley residents a significant tax advantage over Rhode Island's 5.99% rate.

Frequently Asked Questions

Spring Valley vs Providence — common questions

Is Spring Valley or Providence cheaper to live in?
Based on our cost index, Providence is cheaper to live in with an index of 99 compared to 119 (US average = 100).
What is the rent difference between Spring Valley and Providence?
Median rent in Spring Valley is $1,642/month and in Providence it's $1,333/month — a difference of $309/month.
Which city has higher income, Spring Valley or Providence?
Median household income is $72,364 in Spring Valley and $66,772 in Providence. Median household income is $5,592/year higher in Spring Valley.
How do taxes compare between Nevada and Rhode Island?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.
Should I move to Spring Valley or Providence?
It depends on your priorities. Spring Valley has a cost index of 119 with median rent of $1,642/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Spring Valley details → View Providence details →

More Comparisons

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