Housing costs in Lake Monticello?
A typical home costs
$309,800, which is 8.4% less expensive than the national average of
$338,100 and 9.7% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lake Monticello costs
$1,530 per month, which is 9.3% more than the national average of
$1,400 and 8.5% more than the state average of
$1,400.
Can I afford Lake Monticello?
To live comfortably in Lake Monticello (zip 22963), Virginia, a minimum annual income of
$59,400 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Lake Monticello?
The cost of living in 22963 Lake Monticello, VA is relatively affordable. The median home value currently stands at $213,900 USD and the median rent is $1,280 USD per month. This makes it an attractive option for those who need to keep their budget under control while still enjoying the comforts of a suburban area. Additionally, as with any other location, the cost of goods and services vary depending on where you choose to shop or eat out. However, the cost of groceries and other items tend to be lower than many other cities in the country. All in all, living in 22963 Lake Monticello provides an affordable lifestyle for those looking for a balance between quality and price.