Housing costs in Suffolk?
A typical home costs
$335,700, which is 0.7% less expensive than the national average of
$338,100 and 2.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Suffolk costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$1,400.
Can I afford Suffolk?
To live comfortably in Suffolk, Virginia, a minimum annual income of
$64,440 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Suffolk?
Suffolk presents an interesting option for economical living situated somewhere close by Virginia’s City of Suffolk offering up medians arriving around the high-$300s and rental rates shortly come in a bit closer to $1,400 depending upon desired amenities - significantly cheaper compared to other parts of The Old Dominion State such as Norfolk or Virginia Beach which are positioned much further down eastward. Grocery stores moreover remain completely equal with United States averages thanks largely to local taxes & regulations while sales tax equates out constant at no less than 5%.