Selma, VA Cost of Living


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Selma cost of living score
73.8
Less expensive
26.2% lower
than the US average
29.2% lower
than the Virginia average
Selma, Virginia gets a BestPlaces Cost of Living score of 73.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.2% lower than the U.S. average and 29.2% lower than the average for Virginia.

Selma, VA

Housing costs in Selma?
A typical home costs $100,700, which is 70.2% less expensive than the national average of $338,100 and 70.7% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Selma costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 94.4% cheaper than the state average of $1,400.

Can I afford Selma?
To live comfortably in Selma, Virginia, a minimum annual income of $19,440 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Selma?
The cost of living in Selma, VA is relatively low compared to other parts of the state. The median home price in the town is around $140,000, making it one of the most affordable areas in Virginia. The cost of groceries and other necessary items are also lower than average for the region. Additionally, Selma has been rated as one of the best places to live due to its overall low cost of living and abundance of entertainment, shopping, and dining options. In conclusion, Selma provides residents with an affordable lifestyle that can meet any budget while providing access to amenities that rival much larger cities.
   Cost of living score
     CategoriesSelmaVirginiaUnited States
  73.8104.2100.0
  92.699.6100
  106.2103.1100.0
  27.7112.9100.0
  $100,700$343,200$338,100
  97.3%99.3%100.0%
  70.299.4100.0
  95.5113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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