Housing costs in Springfield?
A typical home costs
$604,700, which is 78.9% more expensive than the national average of
$338,100 and 76.2% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Springfield costs
$1,980 per month, which is 38.5% more than the national average of
$1,430 and 29.3% more than the state average of
$1,400.
Can I afford Springfield?
To live comfortably in Springfield, Virginia, a minimum annual income of
$115,920 for a family, and
$70,000 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in Springfield, VA is quite reasonable. The median home price is around $375,000, which is below the national median. Rent is also reasonably priced, with the median one-bedroom apartment costing just over $1,400 a month. In terms of transportation costs, gas prices are on par with the rest of the nation and public transit options are surprisingly affordable and efficient. Food costs may be slightly higher than average due to the high number of restaurants in the area. All in all, Springfield provides an affordable living option for those wanting to stay close to Washington D.C.