Housing costs in East Lexington?
A typical home costs
$273,600, which is 19.1% less expensive than the national average of
$338,100 and 20.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in East Lexington costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 45.8% cheaper than the state average of
$1,400.
Can I afford East Lexington?
To live comfortably in East Lexington, Virginia, a minimum annual income of
$52,560 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about East Lexington?
The cost of living in East Lexington, VA is fairly affordable. The area has seen steady growth in recent years, and this has been reflected in the housing market. Home prices are reasonable compared to other parts of the state, with a median home price of $180,500. Additionally, the average rent for a two bedroom apartment is quite reasonable at $1,068 per month. Furthermore, food costs and transportation costs are very manageable due to the smaller size of town. In general, East Lexington provides an affordable place to live that is only growing more attractive as the population increases.