Housing costs in Franconia?
A typical home costs
$513,700, which is 51.9% more expensive than the national average of
$338,100 and 49.7% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Franconia costs
$2,140 per month, which is 49.7% more than the national average of
$1,430 and 34.6% more than the state average of
$1,400.
Can I afford Franconia?
To live comfortably in Franconia, Virginia, a minimum annual income of
$98,280 for a family, and
$75,600 for a single person is recommended.
What does A.I. say about Franconia?
The cost of living in Franconia, VA is quite reasonable. Housing costs are typically lower than the national average, and the area's economy is sound and growing. Food prices are also often lower than in neighboring areas. This makes Franconia an attractive place for people looking to stretch their budget further while still enjoying a high quality of life. The town boasts numerous amenities that contribute to its affordability, including restaurants, shops, and entertainment venues. Additionally, many of the local businesses offer discounts on goods and services for those who live in or around the community. All in all, Franconia is a great location for anyone looking for a place to call home without breaking the bank.