Housing costs in Norton?
A typical home costs
$103,100, which is 69.5% less expensive than the national average of
$338,100 and 70.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Norton 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 Norton?
To live comfortably in Norton, Virginia, a minimum annual income of
$19,800 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Norton?
The cost of living in Norton, VA is quite reasonable compared to other parts of the country. The area has a low unemployment rate and housing costs are below the national average. The overall cost-of-living index for Norton is 84.7, which is well below the national average of 100. This makes it an attractive option for people who have a tight budget but still desire quality of life. Groceries and utilities are also inexpensive, making it even more affordable to live in this city. Overall, Norton provides an affordable lifestyle with many amenities and services available to its residents.