Housing costs in Lynchburg City?
A typical home costs
$197,800, which is 41.5% less expensive than the national average of
$338,100 and 42.4% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lynchburg City costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 50.5% cheaper than the state average of
$1,400.
Can I afford Lynchburg City?
To live comfortably in Lynchburg City Virgi County, Virginia, a minimum annual income of
$37,800 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Lynchburg City?
The cost of living in Lynchburg city, VA County is 80.9, which is significantly lower than the US average Cost of Living of 100. This means that the cost of living in Lynchburg city is about 20% lower than the national average, making it a great choice for those who are looking for an affordable place to live. The median value of a house in Lynchburg city is also relatively low at $197,800 compared to the US average House Value of $338,100., meaning that real estate costs are quite reasonable.