Cost of Living in Silver Springs, NV

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

100.9

100 = national avg

+0.9 vs national average

Living Wage (1 Adult)

$44,400

per year

Living Wage (Family of 4)

$104,945

per year

Cost Index by Category

Housing
125.1
Food
90.6
Transportation
81.2
Healthcare
92.5
Utilities
99.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,076

per month

2 Bedroom

$1,272

per month

The overall cost of living index in Silver Springs is 100.9, which is 0.9% above the national average. Housing costs are above the national average at an index of 125.1. A single adult needs to earn approximately $44,400 per year to cover basic expenses.