Housing costs in Cumberland?
A typical home costs
$228,300, which is 32.5% less expensive than the national average of
$338,100 and 33.5% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Cumberland costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 42.9% cheaper than the state average of
$1,400.
Can I afford Cumberland?
To live comfortably in Cumberland, Virginia, a minimum annual income of
$43,920 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Cumberland?
The cost of living in Cumberland, VA is relatively low compared to the rest of the country. The median home value is around $117,000 which is significantly lower than the national average. Additionally, groceries, transportation, and utilities tend to be much cheaper than most other cities as well. This makes it a great place for budget conscious individuals or families who want to live in an area with easy access to amenities and recreation.