What is the cost of living in Silver Springs, NV?
According to the most recent data on the cost of living, Silver Springs has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Nevada, Silver Springs has a cost of living index that's 1.0x lower than Nevada's index of 105.
The standard of living in Silver Springs ranks as #3 most affordable out of the 33 places we measured in Nevada. By definition, that implies Silver Springs ranks as the #30 most expensive place in the Silver State.
For more reading on life in Silver Springs, check out:
Silver Springs Cost Of Living Vs. Nevada
Six factors go into calculating the cost of living index in Silver Springs. Here is how it fares on each of the criteria:
The Services index in Silver Springs is 103.
The Groceries index in Silver Springs is 102.
The Health index in Silver Springs is 92.
The Housing index in Silver Springs is 103.
The Transportation index in Silver Springs is 116.
The Utilities index in Silver Springs is 105.
| Living Expense | Silver Springs | Nevada | National Average |
|---|---|---|---|
| Overall | 101 | 105 | 100 |
| Services | 103 | 103 | 100 |
| Groceries | 102 | 102 | 100 |
| Health | 92 | 101 | 100 |
| Housing | 103 | 102 | 100 |
| Transportation | 116 | 109 | 100 |
| Utilities | 105 | 103 | 100 |
Silver Springs Cost Of Living Compared To Nevada Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Nevada, check out:
Protect your home budget Compare home warranties in Silver Springs Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Silver 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 2020-2024. The key points are:
The Median Home Value in Silver Springs is $355,850.
The Median Rent in Silver Springs is $1,201.
The Median Income in Silver Springs is $48,944.
The Home Value To Income in Silver Springs is 7.3x.
The Rent To Monthly Income in Silver Springs is 0.29x.
| Statistic | Silver Springs | Nevada | United States |
|---|---|---|---|
| Median Home Value | $355,850 | $446,864 | $332,700 |
| Median Rent | $1,201 | $1,597 | $1,413 |
| Median Income | $48,944 | $78,260 | $80,734 |
| Home Value To Income | 7.3x | 5.7x | 4.1x |
| Rent To Monthly Income | 0.29x | 0.24x | 0.21x |
Silver Springs, NV Costs By Category
Detailed Silver Springs Services costs vs. Nevada
| Item | Silver 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 Silver Springs Groceries costs vs. Nevada
| Item | Silver 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 Silver Springs Health costs vs. Nevada
| Item | Silver Springs | Nevada |
|---|---|---|
| Optometrist | $115.11 | $125.68 |
| Doctor | $129.11 | $135.78 |
| Dentist | $118.11 | $113.29 |
Detailed Silver Springs Transportation costs vs. Nevada
| Item | Silver Springs | Nevada |
|---|---|---|
| Gasoline | $4.4 | $3.46 |
| Tire Balancing | $66.55 | $59.92 |
Detailed Silver Springs Utilities costs vs. Nevada
| Item | Silver Springs | Nevada |
|---|---|---|
| All Electricity | $171.07 | $193.99 |
| Phone | $185.8 | $192.25 |
Silver Springs SnackAbility
Cost Of Living In Cities Around Silver Springs
The cost of living varies in the cities and towns around Silver Springs. Here's a quick look at the cost of living in the most populous nearby places:
Sparks, NV has a cost of living index of 123, 1.2x Silver Springs.
Fernley, NV has a cost of living index of 112, 1.1x Silver Springs.
Spanish Springs, NV has a cost of living index of 132, 1.3x Silver Springs.
| City | Population | Cost Of Living | Vs. Silver Springs |
|---|---|---|---|
| Sparks, NV | 110,024 | 123 | 1.2x |
| Fernley, NV | 24,225 | 112 | 1.1x |
| Spanish Springs, NV | 17,980 | 132 | 1.3x |
| Dayton, NV | 15,781 | 114 | 1.1x |
| Cold Springs, NV | 11,321 | 120 | 1.2x |
| Fallon, NV | 9,463 | 101 | 1.0x |
| Johnson Lane, NV | 6,467 | 141 | 1.4x |
