Cost of Living in Valley springs, CA
Housing
The housing market plays a significant role in determining the cost of living in Valley springs, CA.
- Housing Index: 125.0 / 100
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1845 per month
Considering the housing landscape in Valley springs, CA, the housing index stands at 125.0, indicating that prices are above the national average. With a median home price of 200000, purchasing a home here could be a remarkable investment. However, average monthly rents for a 2-bedroom apartment and house are at 1800 and 1845, respectively, which suggests that renting may not provide as much value. In areas with rising costs, your choice between buying or renting may significantly affect your long-term financial health.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Valley springs, CA.
- Electricity Price: $32.99 USD (median by state)
- Natural Gas Price: $16.99 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Valley springs, CA could entail higher utility costs. Electricity costs sit at $32.99, while natural gas is priced at $16.99 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Valley springs is a financially viable option for your relocation.