About the sameBased 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
$1,822
$1,889
🛏️ 2-bedroom rent
$1,658
$1,783
💵 Families earn per year
$92,099
$80,360
🔑 Buying a house
$415,800
$433,800
📊 Overall prices (U.S. = 100)
98.2
100.0
🏛️ Property tax per year
$3,048
$2,149
⚡ Electric bill per month
$133
$139
👥 People living there
481,031
219,187
Commute to work
23 min
22.5 min
College degree
54%
31.4%
Own their home
50.7%
50.5%
Below poverty line
11.9%
12.2%
Unemployment
4.4%
7.6%
Bottom line
- Pick Raleigh for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Spring Valley for shorter commutes.
Frequently asked questions
Is Raleigh or Spring Valley cheaper to live in?
Raleigh and Spring Valley cost about the same once rent and everyday costs are combined.
What salary do I need in Spring Valley to match $60,000 in Raleigh?
About $61,114 a year gives the same standard of living in Spring Valley.
Where do people earn more, Raleigh or Spring Valley?
The typical household earns $92,099 in Raleigh and $80,360 in Spring Valley, 15% more in Raleigh.