Templeton, VA Cost of Living


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Templeton cost of living score
90.7
Less expensive
9.3% lower
than the US average
13.0% lower
than the Virginia average
Templeton, Virginia gets a BestPlaces Cost of Living score of 90.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.3% lower than the U.S. average and 13.0% lower than the average for Virginia.

Templeton, VA

Housing costs in Templeton?
A typical home costs $260,900, which is 22.8% less expensive than the national average of $338,100 and 24.0% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Templeton costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 22.8% cheaper than the state average of $1,400.

Can I afford Templeton?
To live comfortably in Templeton, Virginia, a minimum annual income of $50,040 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Templeton?
The cost of living in Templeton, VA is quite reasonable, as it is located in a rural area with a low population density. The average price for a home is around $165,000, which is relatively affordable when compared to other areas of the state. The cost of groceries and other necessities is also lower than most places in Virginia, making it an ideal location for people looking to save money while still enjoying all the benefits of living in a small town. Additionally, taxes are generally very low and there are no state income taxes in Virginia. All in all, Templeton offers an ideal balance between affordability and quality of life.
   Cost of living score
     CategoriesTempletonVirginiaUnited States
  90.7104.2100.0
  95.899.6100
  99.3103.1100.0
  33.8112.9100.0
  $260,900$343,200$338,100
  101.0%99.3%100.0%
  84.699.4100.0
  102.5113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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