salarySpring Valley is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Spring Valley to live the same way.
🏠 Rent per month
$1,649
$1,889
🛏️ 2-bedroom rent
$1,805
$1,783
💵 Families earn per year
$87,192
$80,360
🔑 Buying a house
$362,200
$433,800
📊 Overall prices (U.S. = 100)
104.8
100.0
🏛️ Property tax per year
$4,339
$2,149
⚡ Electric bill per month
$91
$139
👥 People living there
427,246
219,187
Commute to work
22 min
22.5 min
College degree
55.5%
31.4%
Own their home
47.7%
50.5%
Below poverty line
16%
12.2%
Unemployment
5.9%
7.6%
Bottom line
- Pick Minneapolis for lower rent, higher incomes, cheaper homes and 3 more.
- Pick Spring Valley for cheaper 2-bedroom apartments, less poverty.
Frequently asked questions
Is Minneapolis or Spring Valley cheaper to live in?
Spring Valley is about 5% cheaper overall. Rent is $1,889 a month there versus $1,649 in Minneapolis.
What salary do I need in Spring Valley to match $60,000 in Minneapolis?
About $57,228 a year gives the same standard of living in Spring Valley.
Where do people earn more, Minneapolis or Spring Valley?
The typical household earns $87,192 in Minneapolis and $80,360 in Spring Valley, 9% more in Minneapolis.
More comparisons
All Minneapolis comparisons → · All Spring Valley comparisons →