Housing costs in Williamsburg?
A typical home costs
$414,600, which is 22.6% more expensive than the national average of
$338,100 and 20.8% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Williamsburg costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$1,400.
Can I afford Williamsburg?
To live comfortably in Williamsburg, Virginia, a minimum annual income of
$79,560 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Williamsburg?
Living in Williamsburg, VA is considered to be relatively affordable. The cost of living index for the city is approximately 11% lower than the national average, making it one of the most affordable cities in the state. In terms of housing costs, median home prices are about $250,000 and rent averages around $1,400 per month. Additionally, transportation costs are low compared to other areas as the city offers plenty of public transportation options such as bus lines and train services. Overall, Williamsburg is an ideal choice for those looking for an affordable place to live without sacrificing quality services or activities.