Housing costs in Abingdon?
A typical home costs
$246,400, which is 27.1% less expensive than the national average of
$338,100 and 28.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Abingdon costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 70.7% cheaper than the state average of
$1,400.
Can I afford Abingdon?
To live comfortably in Abingdon, Virginia, a minimum annual income of
$47,160 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Abingdon?
The cost of living in Abingdon, VA is surprisingly affordable. The average cost of a home is around $122,000 and the median rental rate is just over $700 per month. Groceries are also reasonably priced, with the average household spending around $250 for groceries each month. Utilities are also relatively inexpensive compared to other cities in Virginia; electricity can be anywhere from $150 to $200 per month depending on usage and location, while natural gas averages approximately $90 per month. Overall, Abingdon offers an economical lifestyle for those looking for a new place to call home.