Housing costs in Radford?
A typical home costs
$223,800, which is 33.8% less expensive than the national average of
$338,100 and 34.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Radford costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 59.1% cheaper than the state average of
$1,400.
Can I afford Radford?
To live comfortably in Radford, Virginia, a minimum annual income of
$42,840 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Radford?
The cost of living in Radford, VA is quite reasonable. According to the City Data website, the overall cost of living index for Radford is 85.6 compared to a national average of 100. This means that Radford is cheaper than most other places in the United States when it comes to basic necessities like food, housing and utilities. The median home price in Radford is also very affordable at $160,900, which makes it an attractive location for people who are looking for a place to settle down without breaking the bank. Additionally, rental prices are quite low with average one-bedroom apartments renting for about $700 per month. All of these factors make Radford a great place to live for people looking for an affordable lifestyle.