Spring Valley, NY Cost Of Living
Cost Of Living In Spring Valley, NY Summary
Cost of living in Spring Valley research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Spring Valley is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Spring Valley is 122, with 100 being the average.
The cost of living index in Spring Valley is 1.2x higher than the national average.
Spring Valley ranks as the #126 cheapest in New York out of 340.
Spring Valley ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Spring Valley is $305,700.
The median income in Spring Valley is $49,106.
Table Of Contents
Spring Valley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Spring Valley, NY?
According to the most recent data on the cost of living, Spring Valley has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to New York, Spring Valley has a cost of living index that's 1.0x lower than New York's index of 126.
The standard of living in Spring Valley ranks as #126 most affordable out of the 340 places we measured in New York. By definition, that implies Spring Valley ranks as the #214 most expensive place in the Empire State.
For more reading on life in Spring Valley, check out:
- Living In Spring Valley
- Spring Valley Crime Report
- Search Homes For Sale In Spring Valley, NY
In New York
In America
Spring Valley Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Spring Valley. Here is how it fairs on each of the criteria:
The Services index in Spring Valley is 120.
The Groceries index in Spring Valley is 105.
The Health index in Spring Valley is 118.
The Housing index in Spring Valley is 135.
The Transportation index in Spring Valley is 115.
The Utilities index in Spring Valley is 130.
| Living Expense | Spring Valley | New York | National Average | |
|---|---|---|---|---|
| Overall | 122 | 126 | 100 | |
| Services | 120 | 110 | 100 | |
| Groceries | 105 | 104 | 100 | |
| Health | 118 | 105 | 100 | |
| Housing | 135 | 175 | 100 | |
| Transportation | 115 | 107 | 100 | |
| Utilities | 130 | 102 | 100 | |
Spring Valley, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Spring Valley is $305,700.
The Median Rent in Spring Valley is $1,428.
The Median Income in Spring Valley is $49,106.
The Home Value To Income in Spring Valley is 6.2x.
The Rent To Monthly Income in Spring Valley is 0.35x.
| Statistic | Spring Valley | New York | United States |
|---|---|---|---|
| Median Home Value | $305,700 | $340,600 | $244,900 |
| Median Rent | $1,428 | $1,390 | $1,163 |
| Median Income | $49,106 | $75,157 | $69,021 |
| Home Value To Income | 6.2x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.35x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Spring Valley, NY Costs By Category
Detailed Spring Valley Services Costs Vs. New York
| Item | Spring Valley | New York |
|---|---|---|
| Shampoo | $0.96 | $1.06 |
| Movie | $13.09 | $10.68 |
| Bowling | $18.83 | $14.67 |
| Haircut | $32.76 | $18.62 |
| Beauty Salon | $65.09 | $39.05 |
Detailed Spring Valley Groceries Costs Vs. New York
| Item | Spring Valley | New York |
|---|---|---|
| Ground Beef | $4.44 | $4.22 |
| Fried Chicken | $1.42 | $1.39 |
| Milk | $2.65 | $2.05 |
| Potatoes | $3.98 | $3.29 |
| Pizza | $9.41 | $10.62 |
| Beer | $10.04 | $9.38 |
| Toothpaste | $2.13 | $2.34 |
Detailed Spring Valley Health Costs Vs. New York
| Item | Spring Valley | New York |
|---|---|---|
| Optometrist | $127.5 | $108.57 |
| Doctor | $118.17 | $116.17 |
| Dentist | $132.27 | $99.13 |
Detailed Spring Valley Transportation Costs Vs. New York
| Item | Spring Valley | New York |
|---|---|---|
| Gasoline | $2.33 | $2.22 |
| Tire Balancing | $69.75 | $50.07 |
Detailed Spring Valley Utilities Costs Vs. New York
| Item | Spring Valley | New York |
|---|---|---|
| All Electricity | $261.22 | $167.67 |
| Phone | $178.6 | $175.64 |
Spring Valley SnackAbility
/10
Cost Of Living In Cities Around Spring Valley
The cost of living varies in the cities and towns around Spring Valley. Here's a quick look at the cost of living in the most populous nearby places:
Monsey, NY has a cost of living index of 155, 1.3x Spring Valley.
Eastchester, NY has a cost of living index of 163, 1.3x Spring Valley.
Nanuet, NY has a cost of living index of 145, 1.2x Spring Valley.
| City | Population | Cost Of Living | Vs. Spring Valley |
|---|---|---|---|
| Monsey, NY | 27,359 | 155 | 1.3x |
| Eastchester, NY | 20,636 | 163 | 1.3x |
| Nanuet, NY | 19,624 | 145 | 1.2x |
| Scarsdale, NY | 18,063 | 265 | 2.2x |
| Chestnut Ridge, NY | 10,211 | 140 | 1.1x |
| Airmont, NY | 9,964 | 141 | 1.2x |
| New Square, NY | 9,433 | 136 | 1.1x |
| Hillcrest, NY | 8,667 | 143 | 1.2x |
| Briarcliff Manor, NY | 7,587 | 175 | 1.4x |
| Pleasantville, NY | 7,469 | 164 | 1.3x |
