Cost of Living: Torrance, CA vs Spring valley, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrance | Spring valley |
|---|---|---|
| Housing Index | 135.0 | 120.4 |
| Median Home Price | $1,030,000 | $497,000 |
| Average Rent (2 BR Apartment) | $2800 | $2300 |
| Average Rent (2 BR House) | $2850 | $2400 |
Housing Comparison: Torrance vs Spring valley
- In Torrance, the median home price is higher at $1,030,000, while in Spring valley it is $497,000.
- Renting a two-bedroom apartment costs more in Torrance at $2,800 than in Spring valley at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Torrance | Spring valley |
|---|---|---|
| Electricity Price | $32.99 | $26.08 |
| Natural Gas Price | $16.99 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Torrance vs Spring valley
- Electricity costs are higher in Torrance at $32.99 per kWh, compared to $26.08 in Spring valley.
- Spring valley experiences higher natural gas costs at $18.13 per unit, with costs at $16.99 in Torrance.
- Utility expenses are equal in both Torrance and Spring valley averaging $250.