Housing costs in Manchester?
A typical home costs
$274,300, which is 18.9% less expensive than the national average of
$338,100 and 20.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Manchester costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 6.7% more than the state average of
$1,400.
Can I afford Manchester?
To live comfortably in Manchester, Virginia, a minimum annual income of
$52,560 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Manchester?
The cost of living in Manchester, VA is moderately priced when compared to other parts of the state. Groceries and healthcare costs are generally lower than average for the state, while housing remains slightly higher than the national average. The median home value in Manchester is currently around $167,000, with the median price per square foot around $96. The city also has a relatively low jobless rate, allowing for stable employment and incomes. With reasonable prices, good employment opportunities, and a variety of attractions and amenities nearby, Manchester serves as an affordable option for those looking to move into Virginia's picturesque Shenandoah Valley region.