Housing costs in Buchanan?
A typical home costs
$183,400, which is 45.8% less expensive than the national average of
$338,100 and 46.6% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Buchanan costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 60.9% cheaper than the state average of
$1,400.
Can I afford Buchanan?
To live comfortably in Buchanan, Virginia, a minimum annual income of
$35,280 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Buchanan?
The cost of living in Buchanan, VA is generally affordable compared to other areas in the United States. According to Best Places, the cost of living index is 89.8, which is lower than the national average of 100. This means that goods and services are 8.2% less expensive than the national average. Housing costs are particularly low in Buchanan as median home prices stand at $93,600 and median rent at $615 per month. Groceries, utilities and transportation expenses are also relatively inexpensive compared to other parts of the country. All these factors combined make Buchanan an attractive place to live for those who want a good quality of life without paying too much for it.