Housing costs in Marion?
A typical home costs
$140,500, which is 58.4% less expensive than the national average of
$338,100 and 59.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Marion 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 Marion?
To live comfortably in Marion, Virginia, a minimum annual income of
$27,000 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Marion?
The cost of living in Marion, VA is relatively affordable compared to much of the country. The overall cost of living index is 79.3, which is less than the national average of 100. Housing costs are especially low with an index of 69.1, meaning that residents can find a range of housing options available at competitive prices. Additionally, food and grocery costs are quite reasonable with an index of 90.5, making it easy to budget for groceries or dining out. All-in-all, Marion offers a great quality of life at an affordable price point for its residents.