Housing costs in Gloucester Courthouse?
A typical home costs
$316,500, which is 6.4% less expensive than the national average of
$338,100 and 7.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Gloucester Courthouse costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 6.1% cheaper than the state average of
$1,400.
Can I afford Gloucester Courthouse?
To live comfortably in Gloucester Courthouse, Virginia, a minimum annual income of
$60,480 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Gloucester Courthouse?
The cost of living in Gloucester Courthouse, VA is generally very affordable. According to the latest statistics, the average household income is around $48,718 while the cost of living index is at 86, which is 14 points lower than the national average. This means that most residents have plenty of money left over for other necessities and leisure activities. Additionally, housing costs are quite low compared to other parts of the country. Many homes are available for rent or sale at reasonable prices and with access to excellent schools and amenities, Gloucester Courthouse remains an attractive option for families looking to relocate.