Housing costs in New Kent?
A typical home costs
$364,500, which is 7.8% more expensive than the national average of
$338,100 and 6.2% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in New Kent costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$1,400.
Can I afford New Kent?
To live comfortably in New Kent Virgi County, Virginia, a minimum annual income of
$69,840 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about New Kent?
New Kent, VA County is slightly more expensive than the US average cost of living. According to the data, the cost of living in New Kent is 101.2, which is 1.2 points higher than the US average of 100. This suggests that while living in New Kent may be slightly more expensive than other areas, it's still relatively affordable and a great place to live. Additionally, the median house value for New Kent County is $364,500 which is significantly higher than the US average of $338,100 – this suggests that real estate values are quite high in this area and can provide a great return on investment.