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Spring Valley, MN vs Watkins, MN

71
Spring Valley
Minnesota
VS
+8.2%
66
Watkins
Minnesota

Watkins is moderately more affordable than Spring Valley, with a 8.2% lower cost of living index. Spring Valley scores 71 compared to 66 for Watkins, where the US average is 100. This difference means residents of Spring Valley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Spring Valley is $861/month compared to $760/month in Watkins — a 13% difference. Home values follow the same pattern: Watkins is more affordable at $136,800 median vs $149,100.

Median household income in Spring Valley is $64,500 compared to $50,875 in Watkins (+26.8%). While Spring Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Spring Valley spend roughly 16% of their income on rent, less than the 17.9% in Watkins.

Climate-wise, both cities share similar average temperatures (44.8°F vs 42.9°F). Spring Valley receives more rainfall at 34.7" per year compared to 28.5" in Watkins.

Income & Cost

Cost of Living Index
Spring Valley
71
Watkins
66
8% cheaper
Median Household Income
Spring Valley
$64,500
21% higher
Watkins
$50,875

Housing

Median Rent
Spring Valley
$861
Watkins
$760
12% cheaper
Median Home Value
Spring Valley
$149,100
Watkins
$136,800
8% cheaper
Population
Spring Valley
2,357
Watkins
797

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Spring Valley $2.97
Watkins $2.97
US $3.07
🥚
Eggs (grade A, large)
Spring Valley $2.43
Watkins $2.43
US $2.50
🥛
Milk (whole)
Spring Valley $3.91
Watkins $3.91
US $4.03
🍞
Bread (white)
Spring Valley $1.79
Watkins $1.79
US $1.85
🍗
Chicken breast
Spring Valley $4.02
Watkins $4.02
US $4.14
Electricity
Spring Valley $0.17
Watkins $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Spring Valley 44.8°F
Watkins 42.9°F
Summer High
Spring Valley 80°F
Watkins 82°F
Winter Low
Spring Valley 7°F
Watkins 3°F
Rainfall
Spring Valley 34.7"
Watkins 28.5"
Rainy Days
Spring Valley 124d
Watkins 111d