Housing costs in Portsmouth City?
A typical home costs
$222,900, which is 34.1% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Portsmouth City costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 5.3% cheaper than the state average of
$1,400.
Can I afford Portsmouth City?
To live comfortably in Portsmouth City Virgi County, Virginia, a minimum annual income of
$42,840 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Portsmouth City?
The cost of living in Portsmouth City, VA County is quite favorable compared to the US average. At 90.4, it's roughly 10 points lower than the national average. This makes it an attractive place to live for those looking for value and affordability in a place to call home. In addition, the median house value for Portsmouth City is significantly lower than the US average at $222,900 compared to $338,100. This makes Portsmouth City a great option for anyone looking for budget-friendly real estate options.