F
50%
Overall NAT. AVG.
13%
Goods & Services NAT. AVG.
132%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Spring Valley California National
Cost of living150140100
Goods & Services113111100
Groceries116112100
Health care105109100
Housing232196100
Transportation127126100
Utilities107127100

An Overview of Cost of Living in Spring Valley, CA

Are you thinking about relocating, but curious about the potential cost of living in Spring Valley? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Spring Valley stands at 150, making it 50% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Spring Valley is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Spring Valley falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs are a very significant part of the Spring Valley cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 132.4% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

The things you purchase regularly, like clothes, haircuts, movie tickets and gym memberships, can make a big dent in your budget and make up 33% of the cost of living index. Unfortunately in Spring Valley, these items will cost you 12.6% more than what's considered the norm, making it a more expensive place to call home.

Groceries are getting more expensive by the day and the cost of groceries makes up 13% of the overall cost of living index. In the past two years, prices have shot up by over 10%! Unfortunately, in Spring Valley, it's the same story – grocery costs are 15.6% higher than what people pay across the country.

Is Spring Valley Affordable?

Is Spring Valley an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Spring Valley is 152.9% higher than the national average, while the average monthly rent prices are 84.5% higher than average. The affordability of any location can also be influenced by median income levels. Spring Valley has a median household income of $80,161, which is 44.9% higher than the national average.

What Factors can Influence the Cost of Living in Spring Valley?

Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Spring Valley, healthcare costs are 5% higher than the national average.

Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Spring Valley comes in at 7.1% higher than the national average.

Where is the Data From?

The Spring Valley cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Spring Valley is 7% higher than the California average
  • The cost of living in Spring Valley is 50% higher than the national average
  • Spring Valley housing is 132% higher than the national average
  • California general sales tax is 42% higher than the national average
  • California state income tax is 56% lower than the national average

Most Affordable Places to Live in and Around Spring Valley

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Compare Spring Valley, CA Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$100,070$8,339$2,335$3,002
      Renters$58,630$4,886$1,368$1,759

      California Sales Tax

      State General Sales Tax With Max Surtax
      California 7.25% 10.5%

      California Income Tax

      State Income Tax (Low) Income Tax (High)
      California 1% 12.3%

      Goods & Services

      Item Spring Valley National avg. Difference
      Haircut $26.92$24.2610.9%
      Beauty Salon $65.77$45.5644.3%
      Toothpaste $3.73$3.700.7%
      Shampoo $1.50$1.2817.1%
      Movie $16.89$12.1339.2%
      Bowling $24.67$18.0037.1%

      Groceries

      Item Spring Valley National avg. Difference
      Ground Beef $5.47$5.846.3%
      Fried Chicken $3.05$1.5793.7%
      Milk $4.98$4.676.5%
      Potatoes $4.94$4.930.0%
      Pizza $14.69$12.0921.5%
      Beer $11.25$10.418.1%

      Health Care

      Item Spring Valley National avg. Difference
      Optometrist $138.66$125.6810.3%
      Doctor $132.50$135.782.4%
      Dentist $121.37$113.297.1%
      Ibuprofen $12.01$10.6512.7%
      Lipitor $508.17$468.608.4%

      Housing

      Item Spring Valley National avg. Difference
      Home Price $467,100.00$184,700.00152.9%
      Avg. Mortgage Payment $5,168.91$2,346.69120.3%
      Apartment Rent $1,751.00$949.0084.5%

      Transportation

      Item Spring Valley National avg. Difference
      Gasoline $4.68$3.4635.1%
      Tire Balancing $64.40$59.927.5%

      Utilities

      Item Spring Valley National avg. Difference
      All Electricity $223.42$193.9915.2%
      Phone $180.31$192.256.2%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Spring Valley CDP (Lake County), CA1,1541055.2%
      Bostonia, CA17,53213939.2%
      National City, CA61,34214140.6%
      Lakeside, CA21,03214444.0%
      La Presa, CA37,41014444.1%
      Spring Valley, CA31,86615049.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Wheat Ridge, CO31,88912929.4%
      Bay Shore, NY31,81913635.7%
      Dover, NH31,92212423.9%
      Los Gatos, CA31,943307207.2%
      Kaysville, UT31,95712221.5%
      Spring Valley, CA31,86615049.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.