Woodlake, VA Cost of Living


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Woodlake cost of living score
99.6
Less expensive
0.4% lower
than the US average
4.4% lower
than the Virginia average
Woodlake, Virginia gets a BestPlaces Cost of Living score of 99.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.4% lower than the U.S. average and 4.4% lower than the average for Virginia.

Woodlake, VA

Housing costs in Woodlake?
A typical home costs $352,100, which is 4.1% more expensive than the national average of $338,100 and 2.6% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Woodlake costs $1,590 per month, which is 11.2% more than the national average of $1,430 and 11.9% more than the state average of $1,400.

Can I afford Woodlake?
To live comfortably in Woodlake, Virginia, a minimum annual income of $67,320 for a family, and $56,400 for a single person is recommended.

What does A.I. say about Woodlake?
Woodlake, VA is a relatively affordable area to live in. The cost of living index for Woodlake is 83.4, which is 17.6% lower than the U.S average. Housing costs are more affordable here, as the median home price is $225,000 compared to the national median of $231,200. The estimated monthly cost for rent in Woodlake is $1,100 for a one-bedroom apartment and $1,400 for a two-bedroom apartment. Food prices are also very reasonable and there are plenty of local supermarkets and restaurants in the area. Overall, Woodlake is an attractive option for those looking to live in an affordable yet quality area that offers plenty of amenities and activities for residents to enjoy year-round.
   Cost of living score
     CategoriesWoodlakeVirginiaUnited States
  99.6104.2100.0
  100.999.6100
  99.3103.1100.0
  117.8112.9100.0
  $352,100$343,200$338,100
  101.6%99.3%100.0%
  96.799.4100.0
  141.1113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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