Housing costs in Roanoke City?
A typical home costs
$187,600, which is 44.5% less expensive than the national average of
$338,100 and 45.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Roanoke City costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 41.4% cheaper than the state average of
$1,400.
Can I afford Roanoke City?
To live comfortably in Roanoke City Virgi County, Virginia, a minimum annual income of
$36,000 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Roanoke City?
The cost of living in Roanoke city, VA is significantly lower than the US average. According to the data, the median house value in this area is $187,600 while the national average is $338,100. Additionally, the cost of living index in Roanoke is 80.9 while the national average stands at 100. This means that living expenses such as housing costs, groceries and utilities are generally cheaper in Roanoke compared to other areas of the US.