Housing costs in Lynchburg?
A typical home costs
$221,800, which is 34.4% less expensive than the national average of
$338,100 and 35.4% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lynchburg costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 30.8% cheaper than the state average of
$1,400.
Can I afford Lynchburg?
To live comfortably in Lynchburg, Virginia, a minimum annual income of
$42,480 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Lynchburg?
Lynchburg provides an interesting option for costlier living situated somewhere inside Virginia’s Campbell County featuring medians hovering around the high-$200s and rental rates shortly arrive close by upwards of 1 thousand dollars respectively - both significantly pricier compared to other parts of The Old Dominion such as Charlottesville or Richmond located much deeper down southeastward. Grocery stores equally hover just below US averages thanks largely to local taxes & regulations while sales tax totals out constant at 5%.