Housing costs in Lorton?
A typical home costs
$578,200, which is 71.0% more expensive than the national average of
$338,100 and 68.5% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lorton costs
$2,230 per month, which is 55.9% more than the national average of
$1,430 and 37.2% more than the state average of
$1,400.
Can I afford Lorton?
To live comfortably in Lorton, Virginia, a minimum annual income of
$110,880 for a family, and
$78,400 for a single person is recommended.
What does A.I. say about Lorton?
The cost of living in Lorton, VA is very reasonable. According to the most recent index from the Council for Community and Economic Research, the overall cost of living in Lorton is slightly below the national average. The most notable expense is housing costs which are lower than average, making it a great place for first-time home buyers or those looking for an affordable place to live. Additionally, transportation and healthcare costs are also below the national average. Overall, living in Lorton provides a good quality of life at a manageable cost.