salarySpring Valley is 3% 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
$1,893
$1,889
🛏️ 2-bedroom rent
$1,729
$1,783
💵 Families earn per year
$87,717
$80,360
🔑 Buying a house
$420,700
$433,800
📊 Overall prices (U.S. = 100)
103.3
100.0
🏛️ Property tax per year
$1,850
$2,149
⚡ Electric bill per month
$181
$139
👥 People living there
1,642,323
219,187
Commute to work
25.6 min
22.5 min
College degree
33.6%
31.4%
Own their home
57.3%
50.5%
Below poverty line
13.7%
12.2%
Unemployment
5%
7.6%
Bottom line
- Pick Phoenix for cheaper 2-bedroom apartments, higher incomes, cheaper homes and 2 more.
- Pick Spring Valley for lower rent, shorter commutes, less poverty.
Frequently asked questions
Is Phoenix or Spring Valley cheaper to live in?
Spring Valley is about 3% cheaper overall. Rent is $1,889 a month there versus $1,893 in Phoenix.
What salary do I need in Spring Valley to match $60,000 in Phoenix?
About $58,062 a year gives the same standard of living in Spring Valley.
Where do people earn more, Phoenix or Spring Valley?
The typical household earns $87,717 in Phoenix and $80,360 in Spring Valley, 9% more in Phoenix.