Zip 10977 (Spring Valley, NY) Cost of Living


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How much do I need to live in Spring Valley, New York?
$10,920 / month
for a family, 102.2% more expensive than the national average A total of $131,040 for the year for a family.
$6,333 / month
for a single person, 32.9% more expensive than the national average A total of $76,000 for the year for a single person.

Spring Valley cost of living score
144.4
More expensive
44.4% higher
than the US average
18.8% higher
than the New York average
Spring Valley (zip 10977), New York gets a BestPlaces Cost of Living score of 144.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 44.4% higher than the U.S. average and 18.8% lower than the average for New York.

Zip 10977 (Spring Valley, NY)

Housing costs in Spring Valley?
A typical home costs $683,500, which is 102.2% more expensive than the national average of $338,100 and 65.3% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Spring Valley costs $2,140 per month, which is 49.7% more than the national average of $1,430 and 8.4% more than the state average of $1,960.

Can I afford Spring Valley?
To live comfortably in Spring Valley (zip 10977), New York, a minimum annual income of $131,040 for a family, and $76,000 for a single person is recommended.

What does A.I. say about Spring Valley?
The cost of living in 10977 Spring Valley, NY is relatively high. The median home cost in the area is $379,400, which is significantly higher than the national median of $219,700. Additionally, the median household income for 10977 Spring Valley, NY is around $51,084 per year, which is a bit lower than the national average of $60,293. Despite this lower income level, residents of this area experience a higher cost of living due to higher home prices and taxes. This means that although residents might make a slightly lower salary than elsewhere in the US they still have to put more money towards their basic needs like housing and groceries.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSpring ValleyNew YorkUnited States
    Unlock121.5100.0
  107.2  Unlock100.0
    Unlock120.7100.0
  185.0  Unlock100.0
    Unlock$413,600$338,100
  132.2  Unlock100.0
    Unlock140.7100.0
  153.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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