Housing costs in Spring Valley?
A typical home costs
$321,400, which is 4.9% less expensive than the national average of
$338,100 and 22.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Spring Valley costs
$2,260 per month, which is 58.0% more than the national average of
$1,430 and 13.3% more than the state average of
$1,960.
Can I afford Spring Valley?
To live comfortably in Spring Valley, New York, a minimum annual income of
$61,560 for a family, and
$80,000 for a single person is recommended.
What does A.I. say about Spring Valley?
The cost of living in Spring Valley, NY is relatively affordable. According to BestPlaces’s Cost of Living Index, the index for Spring Valley is 57.48, which is much lower than the index for nearby cities like New York City (129.15) and Newark (126.75). This makes it a great place for individuals and families on a budget to settle down. Housing costs in particular are very reasonable, with average rent prices being roughly half that of those in New York City and Newark. Additionally, utility bills tend to be lower as well due to the moderate climate of the region. All in all, Spring Valley offers a great combination of affordability and convenience that make it an attractive place to live for anyone looking for a place to call home.