Housing costs in Castlewood?
A typical home costs
$125,900, which is 62.8% less expensive than the national average of
$338,100 and 63.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Castlewood costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 81.8% cheaper than the state average of
$1,400.
Can I afford Castlewood?
To live comfortably in Castlewood, Virginia, a minimum annual income of
$24,120 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Castlewood?
The cost of living in Castlewood, VA is relatively low compared to the rest of the state and country. The median home cost in Castlewood is $94,800, which is substantially lower than nearby cities such as Abingdon and Bristol. Additionally, overall housing expenses are approximately 11% lower than the national average. Due to its rural location, there are fewer job opportunities in Castlewood when compared to other cities and towns in Virginia; however, the cost of goods and services remain competitive with other areas. As a result, the total cost of living in Castlewood remains on par or even slightly lower than many metropolitan areas within Virginia.