Cold Springs, NV Cost Of Living
Cost Of Living In Cold Springs, NV Summary
Cost of living in Cold Springs research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cold Springs is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nevada, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cold Springs is 118, with 100 being the average.
The cost of living index in Cold Springs is 1.2x higher than the national average.
Cold Springs ranks as the #23 cheapest in Nevada out of 32.
Cold Springs ranks as the #4,280 cheapest out of 6,489 in the US.
The median home value in Cold Springs is $458,509.
The median income in Cold Springs is $82,450.
Table Of Contents
Cold Springs's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cold Springs, NV?
According to the most recent data on the cost of living, Cold Springs has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Nevada, Cold Springs has a cost of living index that's 1.2x higher than Nevada's index of 101.
The standard of living in Cold Springs ranks as #23 most affordable out of the 32 places we measured in Nevada. By definition, that implies Cold Springs ranks as the #9 most expensive place in the Silver State.
For more reading on life in Cold Springs, check out:
In Nevada
In America
Cold Springs Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Cold Springs. Here is how it fairs on each of the criteria:
The Services index in Cold Springs is 97.
The Groceries index in Cold Springs is 103.
The Health index in Cold Springs is 96.
The Housing index in Cold Springs is 155.
The Transportation index in Cold Springs is 122.
The Utilities index in Cold Springs is 90.
| Living Expense | Cold Springs | Nevada | National Average | |
|---|---|---|---|---|
| Overall | 118 | 101 | 100 | |
| Services | 97 | 93 | 100 | |
| Groceries | 103 | 104 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 155 | 105 | 100 | |
| Transportation | 122 | 118 | 100 | |
| Utilities | 90 | 101 | 100 | |
Cold Springs, NV Housing Cost Breakdown
Housing swings affordability the most between places in Nevada, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Cold Springs is $458,509.
The Median Rent in Cold Springs is $1,854.
The Median Income in Cold Springs is $82,450.
The Home Value To Income in Cold Springs is 5.6x.
The Rent To Monthly Income in Cold Springs is 0.27x.
| Statistic | Cold Springs | Nevada | United States |
|---|---|---|---|
| Median Home Value | $458,509 | $445,669 | $303,400 |
| Median Rent | $1,854 | $1,489 | $1,348 |
| Median Income | $82,450 | $75,561 | $78,538 |
| Home Value To Income | 5.6x | 5.9x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Cold Springs, NV Costs By Category
Detailed Cold Springs Services Costs Vs. Nevada
| Item | Cold Springs | Nevada |
|---|---|---|
| Shampoo | $1.37 | $1.28 |
| Movie | $11.0 | $12.13 |
| Bowling | $21.95 | $18 |
| Haircut | $25.78 | $24.26 |
| Beauty Salon | $42.67 | $45.56 |
Detailed Cold Springs Groceries Costs Vs. Nevada
| Item | Cold Springs | Nevada |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.87 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.57 | $4.93 |
| Pizza | $12.67 | $12.09 |
| Beer | $9.41 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Cold Springs Health Costs Vs. Nevada
| Item | Cold Springs | Nevada |
|---|---|---|
| Optometrist | $115.11 | $125.68 |
| Doctor | $129.11 | $135.78 |
| Dentist | $118.11 | $113.29 |
Detailed Cold Springs Transportation Costs Vs. Nevada
| Item | Cold Springs | Nevada |
|---|---|---|
| Gasoline | $4.4 | $3.46 |
| Tire Balancing | $66.55 | $59.92 |
Detailed Cold Springs Utilities Costs Vs. Nevada
| Item | Cold Springs | Nevada |
|---|---|---|
| All Electricity | $171.07 | $193.99 |
| Phone | $185.8 | $192.25 |
Cold Springs SnackAbility
/10
Cost Of Living In Cities Around Cold Springs
The cost of living varies in the cities and towns around Cold Springs. Here's a quick look at the cost of living in the most populous nearby places:
Folsom, CA has a cost of living index of 157, 1.3x Cold Springs.
El Dorado Hills, CA has a cost of living index of 173, 1.5x Cold Springs.
Orangevale, CA has a cost of living index of 138, 1.2x Cold Springs.
| City | Population | Cost Of Living | Vs. Cold Springs |
|---|---|---|---|
| Folsom, CA | 82,140 | 157 | 1.3x |
| El Dorado Hills, CA | 50,553 | 173 | 1.5x |
| Orangevale, CA | 35,219 | 138 | 1.2x |
| Granite Bay, CA | 21,378 | 192 | 1.6x |
| Cameron Park, CA | 17,283 | 146 | 1.2x |
| Auburn, CA | 13,758 | 143 | 1.2x |
| Diamond Springs, CA | 12,642 | 130 | 1.1x |
| Placerville, CA | 10,730 | 133 | 1.1x |
| Loomis, CA | 6,809 | 147 | 1.2x |
| Pollock Pines, CA | 6,056 | 119 | 1.0x |
