Spring Valley Lake, CA Cost Of Living
Cost Of Living In Spring Valley Lake, CA Summary
Cost of living in Spring Valley Lake 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 Lake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, 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 Lake is 129, with 100 being the average.
The cost of living index in Spring Valley Lake is 1.3x higher than the national average.
Spring Valley Lake ranks as the #178 cheapest in California out of 634.
Spring Valley Lake ranks as the #4,942 cheapest out of 6,489 in the US.
The median home value in Spring Valley Lake is $482,405.
The median income in Spring Valley Lake is $93,040.
Table Of Contents
Spring Valley Lake's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Spring Valley Lake, CA?
According to the most recent data on the cost of living, Spring Valley Lake has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to California, Spring Valley Lake has a cost of living index that's 0.9x lower than California's index of 141.
The standard of living in Spring Valley Lake ranks as #178 most affordable out of the 634 places we measured in California. By definition, that implies Spring Valley Lake ranks as the #456 most expensive place in the Golden State.
For more reading on life in Spring Valley Lake, check out:
In California
In America
Spring Valley Lake Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Spring Valley Lake. Here is how it fairs on each of the criteria:
The Services index in Spring Valley Lake is 111.
The Groceries index in Spring Valley Lake is 115.
The Health index in Spring Valley Lake is 100.
The Housing index in Spring Valley Lake is 166.
The Transportation index in Spring Valley Lake is 125.
The Utilities index in Spring Valley Lake is 92.
| Living Expense | Spring Valley Lake | California | National Average | |
|---|---|---|---|---|
| Overall | 129 | 141 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 115 | 112 | 100 | |
| Health | 100 | 110 | 100 | |
| Housing | 166 | 195 | 100 | |
| Transportation | 125 | 125 | 100 | |
| Utilities | 92 | 128 | 100 | |
Spring Valley Lake, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Spring Valley Lake is $482,405.
The Median Rent in Spring Valley Lake is $2,264.
The Median Income in Spring Valley Lake is $93,040.
The Home Value To Income in Spring Valley Lake is 5.2x.
The Rent To Monthly Income in Spring Valley Lake is 0.29x.
| Statistic | Spring Valley Lake | California | United States |
|---|---|---|---|
| Median Home Value | $482,405 | $763,287 | $303,400 |
| Median Rent | $2,264 | $1,956 | $1,348 |
| Median Income | $93,040 | $96,334 | $78,538 |
| Home Value To Income | 5.2x | 7.9x | 3.9x |
| Rent To Monthly Income | 0.29x | 0.24x | 0.21x |
Median Home Value
Median Rent
Median Income
Spring Valley Lake, CA Costs By Category
Detailed Spring Valley Lake Services Costs Vs. California
| Item | Spring Valley Lake | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
Detailed Spring Valley Lake Groceries Costs Vs. California
| Item | Spring Valley Lake | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Spring Valley Lake Health Costs Vs. California
| Item | Spring Valley Lake | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Spring Valley Lake Transportation Costs Vs. California
| Item | Spring Valley Lake | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Spring Valley Lake Utilities Costs Vs. California
| Item | Spring Valley Lake | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Spring Valley Lake SnackAbility
/10
Cost Of Living In Cities Around Spring Valley Lake
The cost of living varies in the cities and towns around Spring Valley Lake. Here's a quick look at the cost of living in the most populous nearby places:
Victorville, CA has a cost of living index of 118, 0.9x Spring Valley Lake.
Hesperia, CA has a cost of living index of 119, 0.9x Spring Valley Lake.
Apple Valley, CA has a cost of living index of 118, 0.9x Spring Valley Lake.
| City | Population | Cost Of Living | Vs. Spring Valley Lake |
|---|---|---|---|
| Victorville, CA | 135,983 | 118 | 0.9x |
| Hesperia, CA | 100,141 | 119 | 0.9x |
| Apple Valley, CA | 75,478 | 118 | 0.9x |
| Adelanto, CA | 38,010 | 118 | 0.9x |
| Phelan, CA | 18,059 | 122 | 0.9x |
| Lake Arrowhead, CA | 10,746 | 133 | 1.0x |
| Crestline, CA | 10,431 | 120 | 0.9x |
| Oak Hills, CA | 8,246 | 132 | 1.0x |
| Silver Lakes, CA | 5,789 | 121 | 0.9x |
