Housing costs in Williamsburg?
A typical home costs
$399,300, which is 18.1% more expensive than the national average of
$338,100 and 16.3% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Williamsburg costs
$1,470 per month, which is 5.0% more than the national average of
$1,400 and 10.2% more than the state average of
$1,320.
Can I afford Williamsburg?
To live comfortably in Williamsburg (zip 23188), Virginia, a minimum annual income of
$76,680 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Williamsburg?
The cost of living in 23188 Williamsburg, VA is quite high. The median home price in the area is $284,900, and the average rent for a one-bedroom apartment is approximately $1,322. Additionally, goods and services in the area tend to be more expensive than the national average. Utilities are also higher than the national average, as well as transportation costs. All of these factors make it difficult for people living on a low or fixed income to afford living in this city.