Housing costs in Belmont?
A typical home costs
$717,200, which is 112.1% more expensive than the national average of
$338,100 and 109.0% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Belmont costs
$2,060 per month, which is 44.1% more than the national average of
$1,430 and 32.0% more than the state average of
$1,400.
Can I afford Belmont?
To live comfortably in Belmont, Virginia, a minimum annual income of
$137,520 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Belmont?
Belmont, VA is a very affordable place to live. According to BestPlaces, the cost of living index is 70.3, which is much lower than the United States average of 100. This makes it an attractive option for those looking for a more affordable lifestyle. Rent prices are relatively low in Belmont compared to larger cities in the area, averaging around $800 for a one bedroom apartment and $1400 for two bedrooms. Groceries and other everyday items are also typically cheaper than average as well. In all, Belmont offers great value when it comes to living costs and expenses.