Housing costs in Staunton?
A typical home costs
$260,600, which is 22.9% less expensive than the national average of
$338,100 and 24.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Staunton costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 44.3% cheaper than the state average of
$1,400.
Can I afford Staunton?
To live comfortably in Staunton, Virginia, a minimum annual income of
$50,040 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Staunton?
Staunton, VA has a relatively low cost of living in comparison to other cities in the United States. According to BestPlaces, the cost of living index is 79.81, which is significantly lower than the U.S. average of 100. This means that basic groceries and consumer goods are much cheaper in Staunton than they would be elsewhere. Housing and utilities are also quite affordable, with a median home price of $173,200 and an overall utility bill cost at $164 per month on average. With so many areas to save money on, Staunton is attractive for those looking for an economical place to live.