Spring Valley is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Tempe to live the same way.
🏠 Rent per month
$1,889
$1,953
🛏️ 2-bedroom rent
$1,783
$1,899
💵 Families earn per year
$80,360
$85,917
🔑 Buying a house
$433,800
$455,400
📊 Overall prices (U.S. = 100)
100.0
103.3
🏛️ Property tax per year
$2,149
$2,175
⚡ Electric bill per month
$139
$146
👥 People living there
219,187
188,065
Commute to work
22.5 min
20.9 min
College degree
31.4%
50%
Own their home
50.5%
42.3%
Below poverty line
12.2%
15.8%
Unemployment
7.6%
5.5%
Bottom line
- Pick Spring Valley for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Tempe for higher incomes, shorter commutes, a more educated workforce and 1 more.
Frequently asked questions
Is Spring Valley or Tempe cheaper to live in?
Spring Valley is about 3% cheaper overall. Rent is $1,889 a month there versus $1,953 in Tempe.
What salary do I need in Tempe to match $60,000 in Spring Valley?
About $62,003 a year gives the same standard of living in Tempe.
Where do people earn more, Spring Valley or Tempe?
The typical household earns $80,360 in Spring Valley and $85,917 in Tempe, 6% more in Tempe.