Housing costs in Spring Valley Lake?
A typical home costs
$384,100, which is 13.6% more expensive than the national average of
$338,100 and 47.6% less expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Spring Valley Lake costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 38.7% cheaper than the state average of
$2,150.
Can I afford Spring Valley Lake?
To live comfortably in Spring Valley Lake, California, a minimum annual income of
$73,440 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Spring Valley Lake?
The cost of living in Spring Valley Lake, CA is quite moderate compared to other parts of the state. Housing prices are relatively affordable, with the average home costing around $279,000. Property taxes are also relatively low compared to other areas in California. Additionally, utilities costs are comparable to those in nearby cities and states. There is a variety of restaurants and shopping options available in the area as well, making it easy for residents to find something that fits their budget. All in all, Spring Valley Lake offers a reasonable cost of living for people looking to buy or rent in this part of California.