Cost of Living in Spring Valley, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

95.9

100 = national avg

-4.1 vs national average

Living Wage (1 Adult)

$42,207

per year

Living Wage (Family of 4)

$99,761

per year

Cost Index by Category

Housing
88.5
Food
99.3
Transportation
104.0
Healthcare
99.4
Utilities
97.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$779

per month

2 Bedroom

$1,022

per month

The overall cost of living index in Spring Valley is 95.9, which is 4.1% below the national average. Housing costs are below the national average at an index of 88.5. A single adult needs to earn approximately $42,207 per year to cover basic expenses.