Housing costs in Petersburg?
A typical home costs
$250,300, which is 26.0% less expensive than the national average of
$338,100 and 27.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Petersburg costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 21.7% cheaper than the state average of
$1,400.
Can I afford Petersburg?
To live comfortably in Petersburg, Virginia, a minimum annual income of
$47,880 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Petersburg?
Petersburg, VA is an affordable place to live, with a lower than average cost of living when compared to other US cities. According to BestPlaces, the cost of living index in Petersburg is 74.04, which is significantly lower than the US average of 100. Housing costs are especially low and range from $800-1,200 on average per month for a one-bedroom apartment in the city center. Groceries and restaurants are also reasonably priced, and transportation costs for public transit are generally affordable as well. All in all, Petersburg is a great place to live for people looking for an affordable lifestyle.