Cost of Living in Spring Valley, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.8
100 = national avg
-0.2 vs national average
Living Wage (1 Adult)
$43,922
per year
Living Wage (Family of 4)
$103,816
per year
Cost Index by Category
Housing102.2
Food98.9
Transportation97.8
Healthcare99.1
Utilities99.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$789
per month
2 Bedroom
$1,035
per month
The overall cost of living index in Spring Valley is 99.8, which is 0.2% below the national average. Housing costs are above the national average at an index of 102.2. A single adult needs to earn approximately $43,922 per year to cover basic expenses.