Housing costs in Spring Valley?
A typical home costs
$103,100, which is 69.5% less expensive than the national average of
$338,100 and 57.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Spring Valley costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 59.5% cheaper than the state average of
$1,260.
Can I afford Spring Valley?
To live comfortably in Spring Valley, Illinois, a minimum annual income of
$19,800 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Spring Valley?
The cost of living in Spring Valley, IL is moderate compared to the rest of the country. The median household income is around $45,000 and the average cost of a home is about $90,000. Groceries, utilities, and transportation costs are all fairly reasonable when compared to other towns nearby. There are plenty of affordable housing options available, as well as restaurants and entertainment venues at a variety of price points. All in all, Spring Valley offers residents an affordable place to live with plenty of opportunities for recreation and exploration.