USLivingCost Salaries · Rent · Cost of Living

Spring Valley, NV vs. St. Louis, MO

Median rent is $1,642 a month in Spring Valley, NV and $978 in St. Louis, MO. Household income is $72,364 against $55,279. Both cities are read from the same ACS 2019-2023 5-Year Estimates and the same BEA Regional Price Parities 2023, so the two columns below are directly comparable.

$
Same standard of living
A salary of $100,000 in Spring Valley, NV buys what $99,311 buys in St. Louis, MO
-$689 less to keep the same standard of living
Median gross rent Monthly
$1,642 $978 -40.4%
Median household income Annual
$72,364 $55,279 -23.6%
Median home value Owner-occupied
$407,900 $185,100 -54.6%
Rent as share of income Annual rent ÷ income
27.2% 21.2% -6.0 pp
Price level U.S. average = 100
97.0 96.3 -0.7%
Salary needed for median rent Keeps rent at 30% of gross
$65,700 $39,100 -40.5%
Rent median income carries at 30% Affordable rent
$1,809 $1,382 -23.6%
Population City proper
219,913 293,109 +33.3%
Equivalent salary For $100,000 in Spring Valley
$100,000 $99,311 -0.7%

A green or red badge means the second city is higher or lower, not better or worse: a lower rent is good for a tenant, a lower household income is not. For the price level and
the share of income the raw values are shown, because a percentage difference between two
percentages is easy to misread.

What the gap means

Lower rent
$978
St. Louis, MO · 67.9% below Spring Valley, NV
Higher household income
$72,364
Spring Valley, NV · 30.9% above St. Louis, MO
Same standard of living
$99,311
$100,000 in Spring Valley, NV needs $99,311 in St. Louis, MO
Price level gap
0.7 points
97.0 in NV against 96.3 in MO
Rent burden gap
6.0 points
St. Louis, MO versus Spring Valley, NV, share of income taken by rent
Highest buying power
103.8%
St. Louis, MO · share of the national average income that a dollar there buys

Spring Valley, NV vs St. Louis, MO: frequently asked questions

Is St. Louis, MO more expensive than Spring Valley, NV?

No. Prices in St. Louis, MO are about 0.7% lower than in Spring Valley, NV: a regional price level of 96.3 against 97.0, where the U.S. average is 100.

How much do I need to earn in St. Louis, MO to keep a $100,000 lifestyle from Spring Valley, NV?

About $99,300. Adjusting $100,000 by the BEA regional price levels of the two areas (97.0 in Spring Valley, NV, 96.3 in St. Louis, MO) gives the salary with the same purchasing power. Taxes and personal spending habits are not included.

Is rent cheaper in Spring Valley, NV or St. Louis, MO?

The median gross rent is $1,642 a month in Spring Valley, NV and $978 in St. Louis, MO, a difference of $664 a month or $7,968 a year.

Where are household incomes higher, Spring Valley, NV or St. Louis, MO?

The median household income is $72,364 in Spring Valley, NV and $55,279 in St. Louis, MO. Rent takes 27.2% of the median income in Spring Valley, NV and 21.2% in St. Louis, MO.

What salary do I need to afford the median rent in St. Louis, MO?

About $39,100 a year, the gross income that keeps the median rent of $978 a month at 30% of income. The same rule gives $65,700 in Spring Valley, NV.

More comparisons with Spring Valley, NV

More comparisons with St. Louis, MO

Open this pair in the interactive tool · All comparisons

Definitions used on this page

Salary needed for the median rent
Twelve months of median gross rent divided by 0.30: the income that keeps the median rent at 30% of gross pay.
Price level
BEA regional price parity for the metro area where one is published, otherwise for the state. The national average is 100.
Same standard of living
A salary in Spring Valley, NV converted into St. Louis, MO at the ratio of the two price levels. It adjusts for prices only, not for taxes or for what either city offers.
Buying power
One hundred divided by the price level: what a dollar buys locally relative to the national average.

Sources

Margins of error are published for every Census figure. Read the methodology before reading a small gap between two cities as a real difference.

Full detail for each city: Spring Valley, NV · St. Louis, MO