Spring Valley is 95% more expensive than Springfield.
When comparing Spring Valley, NV and Springfield, IL, the overall cost of living indices are 119 and 61 respectively (national median = 100). Rent is $697/month cheaper in Springfield, saving renters about $8,364/year.
Median household income is $6,827/year higher in Spring Valley. Home values also differ significantly — the median in Spring Valley is $407,900 compared to $155,200 in Springfield.
Nevada has no state income tax, giving Spring Valley residents a significant tax advantage over Illinois's 4.95% rate.
Spring Valley vs Springfield — common questions
Other cost of living comparisons for Spring Valley and Springfield