Housing costs in Spring Valley (Lake County)?
A typical home costs
$270,300, which is 20.1% less expensive than the national average of
$338,100 and 63.1% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Spring Valley (Lake County) costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 88.6% cheaper than the state average of
$2,150.
Can I afford Spring Valley (Lake County)?
To live comfortably in Spring Valley (Lake County), California, a minimum annual income of
$51,840 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Spring Valley (Lake County)?
The cost of living in Spring Valley (Lake County), CA is quite reasonable compared to other cities in California. According to the most recent data from BestPlaces, the cost of living index in Spring Valley is 68.26. This means that it is slightly cheaper than the U.S. average of 100. The median home price in Spring Valley is $170,000, which is much lower than nearby cities like San Francisco and Los Angeles. Rent prices are also significantly cheaper, with an average one bedroom apartment going for around $925 a month. Overall, Spring Valley offers a relatively low cost of living without compromising on quality of life or access to amenities like parks and shopping centers.