Cave Spring, VA Cost of Living


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Cave Spring cost of living score
90.8
Less expensive
9.2% lower
than the US average
12.9% lower
than the Virginia average
Cave Spring, Virginia gets a BestPlaces Cost of Living score of 90.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% lower than the U.S. average and 12.9% lower than the average for Virginia.

Cave Spring, VA

Housing costs in Cave Spring?
A typical home costs $253,700, which is 25.0% less expensive than the national average of $338,100 and 26.1% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Cave Spring costs $1,130 per month, which is 21.0% cheaper than the national average of $1,430 and 23.9% cheaper than the state average of $1,400.

Can I afford Cave Spring?
To live comfortably in Cave Spring, Virginia, a minimum annual income of $48,600 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Cave Spring?
Cave Spring, VA is a great place to call home due to its reasonable cost of living. The overall cost of living in the area is 2% lower than the national average, making it an affordable option for those looking to relocate. In addition to being more affordable than other areas, Cave Spring also offers a wide range of amenities and attractions that make living there enjoyable. Housing is one of the most affordable components in the area with an approximate median home price of $241,000. Utilities are particularly low when compared to some other cities, and groceries are on par with the national average. Overall, Cave Spring offers a high quality of life at an affordable rate for those looking to settle in Virginia.
   Cost of living score
     CategoriesCave SpringVirginiaUnited States
  90.8104.2100.0
  100.699.6100
  111.2103.1100.0
  85.1112.9100.0
  $253,700$343,200$338,100
  98.4%99.3%100.0%
  78.399.4100.0
  141.4113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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