Montvale, VA Cost of Living


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Montvale cost of living score
93.6
Less expensive
6.4% lower
than the US average
10.2% lower
than the Virginia average
Montvale, Virginia gets a BestPlaces Cost of Living score of 93.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.4% lower than the U.S. average and 10.2% lower than the average for Virginia.

Montvale, VA

Housing costs in Montvale?
A typical home costs $215,000, which is 36.4% less expensive than the national average of $338,100 and 37.4% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Montvale costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 64.7% cheaper than the state average of $1,400.

Can I afford Montvale?
To live comfortably in Montvale, Virginia, a minimum annual income of $41,040 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Montvale?
Living in Montvale, VA is fairly affordable, with the median home value being around $229,000. Renting also remains relatively inexpensive compared to other cities in Virginia, with one-bedroom apartments costing an average of $660 per month. The cost of living index for Montvale is 96.9, which is slightly lower than the US national average of 100. Costs for goods and services are also lower than other parts of the country due to its location within a rural area. Overall, Montvale provides residents with a high quality of life at an affordable price point.
   Cost of living score
     CategoriesMontvaleVirginiaUnited States
  93.6104.2100.0
  96.799.6100
  104.6103.1100.0
  61.1112.9100.0
  $215,000$343,200$338,100
  101.0%99.3%100.0%
  87.099.4100.0
  117.2113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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