Spring Valley Village, TX Cost of Living

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Spring Valley Village cost of living score
Less expensive
3.1% lower
than the US average
2.9% higher
than the Texas average
Spring Valley Village, Texas gets a BestPlaces Cost of Living score of 96.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.1% lower than the U.S. average and 2.9% lower than the average for Texas.

Spring Valley Village, TX

Housing costs in Spring Valley Village?
A typical home costs $1,097,200, which is 224.5% more expensive than the national average of $338,100 and 268.7% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Spring Valley Village costs $1,300 per month, which is 9.1% cheaper than the national average of $1,430 and close to the state average of $1,280.

Can I afford Spring Valley Village?
To live comfortably in Spring Valley Village, Texas, a minimum annual income of $210,240 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Spring Valley Village?
The cost of living in Spring Valley Village, TX is quite reasonable. The median home value as of 2019 was $213,800 and the median household income was $60,641. The overall cost of living index is 88.7, which is lower than the national average of 100. Basic necessities such as groceries and utilities are also more affordable than the national average. The low cost of living makes Spring Valley Village a great place to live for those looking for an area with affordable prices while still being close to larger cities such as Houston and Dallas.
   Cost of living score
     CategoriesSpring Valley VillageTexasUnited States

   100=National Average

   Average Rent by Bedroom Size
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