Lake Caroline, VA Cost of Living


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Lake Caroline cost of living score
93
Less expensive
7.0% lower
than the US average
10.7% lower
than the Virginia average
Lake Caroline, Virginia gets a BestPlaces Cost of Living score of 93, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.0% lower than the U.S. average and 10.7% lower than the average for Virginia.

Lake Caroline, VA

Housing costs in Lake Caroline?
A typical home costs $274,500, which is 18.8% less expensive than the national average of $338,100 and 20.0% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Lake Caroline costs $1,460 per month, which is 2.1% more than the national average of $1,430 and 4.1% more than the state average of $1,400.

Can I afford Lake Caroline?
To live comfortably in Lake Caroline, Virginia, a minimum annual income of $52,560 for a family, and $46,800 for a single person is recommended.

What does A.I. say about Lake Caroline?
The cost of living in Lake Caroline, VA is relatively low when compared to other cities and towns in the state. The median home price is around $200,000, which is substantially lower than the national average. Additionally, groceries and dining out are both reasonably priced. Transportation costs are also quite affordable, with a single bus ride costing just a few dollars. Overall, living in Lake Caroline can be a great option for those looking to stretch their budget while still being able to afford a comfortable quality of life.
   Cost of living score
     CategoriesLake CarolineVirginiaUnited States
  93.0104.2100.0
  96.799.6100
  100.5103.1100.0
  70.6112.9100.0
  $274,500$343,200$338,100
  99.9%99.3%100.0%
  101.699.4100.0
  100.5113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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