Housing costs in Vinton?
A typical home costs
$234,700, which is 30.6% less expensive than the national average of
$338,100 and 31.6% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Vinton costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 57.3% cheaper than the state average of
$1,400.
Can I afford Vinton?
To live comfortably in Vinton, Virginia, a minimum annual income of
$45,000 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Vinton?
The cost of living in Vinton, VA is very affordable. Housing in the area is mostly moderate to low-priced, with the median home value coming in at $161,200. Utility costs are also quite reasonable, with electricity costing an average of 10.84 cents per kWh and natural gas costing an average of 12.77 cents per therm. Groceries are fairly inexpensive as well, with the grocery index coming in at 93.7 compared to a national average of 100. All in all, Vinton offers a cost of living that makes it easy to live comfortably on a budget while still having access to the amenities associated with larger cities nearby.