Median rent is 1% lower in Spring Valley ($1,642/mo vs $1,655/mo). Buying is cheaper in Spring Valley, where the median home runs $407,900 versus $512,700. Households earn more in Austin ($91,461 vs $72,364 a year).
City A
Austin, TX
City B
Spring Valley, NV
How much would you need to earn in Spring Valley, NV to maintain your standard of living from Austin, TX?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Austin
Texas
Spring Valley
Nevada
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,655/mo in Austin and $1,642/mo in Spring Valley. Median home values are within 20% of each other: $512,700 in Austin and $407,900 in Spring Valley.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Both Texas and Nevada have no state income tax — a notable advantage for workers in both cities. Sales tax is 6.25% in Texas and 6.85% in Nevada; Austin has the lower rate (local add-ons may apply in both).
Austin
Income tax: None
Sales tax: 6.25%
Spring Valley
Income tax: None
Sales tax: 6.85%
Spring Valley has cleaner air on average: 23.0 AQI (Good) compared to 47.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Austin if you prioritize higher median household income ($91,461/yr).
Pick Spring Valley if you prioritize cleaner air quality (avg AQI 23.0).
Is Austin cheaper than Spring Valley?
Cost of living index data is not yet available for one or both cities.
How much is rent in Austin vs Spring Valley?
Median rent is $1,655/mo in Austin, TX and $1,642/mo in Spring Valley, NV. Spring Valley, NV has the lower rent by about 1%.
Which has higher salaries — Austin or Spring Valley?
Median household income is $91,461 in Austin, TX and $72,364 in Spring Valley, NV. Austin, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Spring Valley, NV has better air quality on average: 23.0 AQI versus 47.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Austin or Spring Valley?
Both Texas and Nevada have no state income tax.
What salary do I need in Spring Valley to match my Austin income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology