Housing costs in Arcola?
A typical home costs
$507,900, which is 50.2% more expensive than the national average of
$338,100 and 48.0% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Arcola costs
$2,050 per month, which is 43.4% more than the national average of
$1,430 and 31.7% more than the state average of
$1,400.
Can I afford Arcola?
To live comfortably in Arcola, Virginia, a minimum annual income of
$97,200 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Arcola?
The cost of living in Arcola, VA is quite reasonable. The median home price is approximately $367,000 and monthly costs for a mortgage are estimated to be around $1,500. Utilities in the area are also fairly affordable; electricity and gas prices are lower than the national average while water and sewer bills tend to remain within budget. Additionally, property taxes are relatively low compared with other areas of the state. The combination of these factors makes Arcola a great place to live at an affordable cost.