Housing costs in Troutville?
A typical home costs
$282,700, which is 16.4% less expensive than the national average of
$338,100 and 17.6% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Troutville costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 47.4% cheaper than the state average of
$1,400.
Can I afford Troutville?
To live comfortably in Troutville, Virginia, a minimum annual income of
$54,000 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Troutville?
The cost of living in Troutville, VA is relatively moderate compared to other parts of the state. The area has a low unemployment rate and many job opportunities available in the area. According to Best Places, the average cost of living index is 90.8 which is 7% lower than the U.S. average. Housing costs are also fairly low, with an average home price being around $175,000. Additionally, groceries and healthcare are also fairly inexpensive in Troutville when compared to other areas of Virginia. All in all, Troutville provides a great balance between cost and quality of life for residents who decide to live there.