Housing costs in Drakes Branch?
A typical home costs
$116,200, which is 65.6% less expensive than the national average of
$338,100 and 66.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Drakes Branch costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 77.2% cheaper than the state average of
$1,400.
Can I afford Drakes Branch?
To live comfortably in Drakes Branch, Virginia, a minimum annual income of
$22,320 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Drakes Branch?
The cost of living in Drakes Branch, VA is very affordable. The median home price is $125,900, which is lower than the Virginia state average. Groceries, utilities, and health care are also relatively inexpensive. Additionally, housing costs account for a smaller portion of income in Drakes Branch than other cities in the US. This makes it an ideal place to live for those looking for a lower cost of living while still being able to enjoy all the benefits of a small town lifestyle.