Zip 24572 (Madison Heights, VA) Cost of Living


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Madison Heights cost of living score
83.6
Less expensive
16.4% lower
than the US average
19.8% lower
than the Virginia average
Madison Heights (zip 24572), Virginia gets a BestPlaces Cost of Living score of 83.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.4% lower than the U.S. average and 19.8% lower than the average for Virginia.

Zip 24572 (Madison Heights, VA)

Housing costs in Madison Heights?
A typical home costs $211,500, which is 37.4% less expensive than the national average of $338,100 and 38.4% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Madison Heights costs $790 per month, which is 43.6% cheaper than the national average of $1,400 and 17.7% cheaper than the state average of $930.

Can I afford Madison Heights?
To live comfortably in Madison Heights (zip 24572), Virginia, a minimum annual income of $40,680 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Madison Heights?
The cost of living in 24572 Madison Heights, VA is slightly higher than the national average. Prices for goods and services such as groceries, transportation, healthcare and utilities are slightly more expensive than in other parts of the country. Housing costs can be steep but there are options for those on a more limited budget. Restaurants and entertainment venues offer reasonable prices for locals and visitors alike. Overall, the cost of living in 24572 Madison Heights, VA is manageable with a little bit of room to splurge when needed.
   Cost of living score
     CategoriesMadison HeightsVirginiaUnited States
  83.6104.2100.0
  96.699.6100
  103.9103.1100.0
  57.8112.9100.0
  $211,500$343,200$338,100
  100.3%99.3%100.0%
  78.699.4100.0
  100.6113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime