Housing costs in Lovingston?
A typical home costs
$271,100, which is 19.8% less expensive than the national average of
$338,100 and 21.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lovingston costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 23.9% cheaper than the state average of
$1,400.
Can I afford Lovingston?
To live comfortably in Lovingston, Virginia, a minimum annual income of
$51,840 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Lovingston?
The cost of living in Lovingston, VA is quite reasonable. According to BestPlaces's Cost of Living Index, the city has an overall Composite Index rating of 68.84, making it 6.16% less expensive than the United States average. This makes Lovingston a great place to live for people who are on a budget but still want access to all the amenities of a larger city. Groceries and restaurants are especially affordable and can provide families with a nice variety of options when it comes to dining out or stocking up their pantry at home.