Iron Gate, VA Cost of Living


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United States / Virginia / No Metro Area / Alleghany County / Iron Gate / Zip Codes

Iron Gate cost of living score
73.8
Less expensive
26.2% lower
than the US average
29.2% lower
than the Virginia average
Iron Gate, Virginia gets a BestPlaces Cost of Living score of 73.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.2% lower than the U.S. average and 29.2% lower than the average for Virginia.

Iron Gate, VA

Housing costs in Iron Gate?
A typical home costs $89,800, which is 73.4% less expensive than the national average of $338,100 and 73.8% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Iron Gate costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 75.0% cheaper than the state average of $1,400.

Can I afford Iron Gate?
To live comfortably in Iron Gate, Virginia, a minimum annual income of $17,280 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Iron Gate?
The cost of living in Iron Gate, VA is relatively affordable compared to larger urban areas. The average cost of a home is around $130,000 and the median household income is approximately $35,000. Basic utilities such as electricity and water are reasonably priced and there are no state or local taxes in Iron Gate. Groceries, restaurants, and other services are also inexpensive when compared to more expensive metropolitan areas. Overall, Iron Gate residents get a good value for their money and enjoy the quality of life that comes with living in a rural area.
   Cost of living score
     CategoriesIron GateVirginiaUnited States
  73.8104.2100.0
  92.399.6100
  106.2103.1100.0
  24.4112.9100.0
  $89,800$343,200$338,100
  98.9%99.3%100.0%
  70.299.4100.0
  95.1113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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