Cost of living in Spring Creek 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 Spring Creek 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 Spring Creek is 101, with 100 being the average.
The cost of living index in Spring Creek is 1.0x higher than the national average.
Spring Creek ranks as the #12 cheapest in Nevada out of 33.
Spring Creek ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Spring Creek is $268,900.
The median income in Spring Creek is $105,997.
According to the most recent data on the cost of living, Spring Creek has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Nevada, Spring Creek has a cost of living index that's 1.0x lower than Nevada's index of 101.
The standard of living in Spring Creek ranks as #12 most affordable out of the 33 places we measured in Nevada. By definition, that implies Spring Creek ranks as the #21 most expensive place in the Silver State.
For more reading on life in Spring Creek, check out:
Six factors go into calculating the cost of living index in Spring Creek. Here is how it fairs on each of the criteria:
The Services index in Spring Creek is 91.
The Groceries index in Spring Creek is 92.
The Health index in Spring Creek is 92.
The Housing index in Spring Creek is 126.
The Transportation index in Spring Creek is 103.
The Utilities index in Spring Creek is 85.
Living Expense | Spring Creek | Nevada | National Average | |
---|---|---|---|---|
Overall | 101 | 101 | 100 | |
Services | 91 | 91 | 100 | |
Groceries | 92 | 103 | 100 | |
Health | 92 | 93 | 100 | |
Housing | 126 | 111 | 100 | |
Transportation | 103 | 114 | 100 | |
Utilities | 85 | 97 | 100 |
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 2017-2021. The key points are:
The Median Home Value in Spring Creek is $268,900.
The Median Rent in Spring Creek is $1,484.
The Median Income in Spring Creek is $105,997.
The Home Value To Income in Spring Creek is 2.5x.
The Rent To Monthly Income in Spring Creek is 0.17x.
Statistic | Spring Creek | Nevada | United States |
---|---|---|---|
Median Home Value | $268,900 | $315,900 | $244,900 |
Median Rent | $1,484 | $1,238 | $1,163 |
Median Income | $105,997 | $65,686 | $69,021 |
Home Value To Income | 2.5x | 4.8x | 3.5x |
Rent To Monthly Income | 0.17x | 0.23x | 0.2x |
Item | Spring Creek | Nevada |
---|---|---|
Shampoo | $0.93 | $1.06 |
Movie | $9.24 | $10.68 |
Bowling | $11.72 | $14.67 |
Haircut | $13.91 | $18.62 |
Beauty Salon | $27.37 | $39.05 |
Item | Spring Creek | Nevada |
---|---|---|
Ground Beef | $4.96 | $4.22 |
Fried Chicken | $1.07 | $1.39 |
Milk | $1.45 | $2.05 |
Potatoes | $3.61 | $3.29 |
Pizza | $10.01 | $10.62 |
Beer | $8.84 | $9.38 |
Toothpaste | $2.61 | $2.34 |
Item | Spring Creek | Nevada |
---|---|---|
Optometrist | $97.6 | $108.57 |
Doctor | $98.0 | $116.17 |
Dentist | $92.5 | $99.13 |
Item | Spring Creek | Nevada |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $47.0 | $50.07 |
Item | Spring Creek | Nevada |
---|---|---|
All Electricity | $126.93 | $167.67 |
Phone | $170.98 | $175.64 |