Zip 24216 (Appalachia, VA) Cost of Living


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How much do I need to live in Appalachia, Virginia?
$840 / month
for a family, 84.4% less expensive than the national average A total of $10,080 for the year for a family.
$1,533 / month
for a single person, 67.8% less expensive than the national average A total of $18,400 for the year for a single person.

Appalachia cost of living score
69.6
Less expensive
30.4% lower
than the US average
33.2% lower
than the Virginia average
Appalachia (zip 24216), Virginia gets a BestPlaces Cost of Living score of 69.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.4% lower than the U.S. average and 33.2% lower than the average for Virginia.

Zip 24216 (Appalachia, VA)

Housing costs in Appalachia?
A typical home costs $52,000, which is 84.6% less expensive than the national average of $338,100 and 84.8% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Appalachia costs $560 per month, which is 60.0% cheaper than the national average of $1,400 and 41.1% cheaper than the state average of $790.

Can I afford Appalachia?
To live comfortably in Appalachia (zip 24216), Virginia, a minimum annual income of $10,080 for a family, and $18,400 for a single person is recommended.

What does A.I. say about Appalachia?
The cost of living in 24216 Appalachia, VA is typically lower than the national average. The median home cost is around $136,000, which is significantly lower than the national median of $231,200. Renters generally pay around $700 for a one-bedroom apartment and utilities are relatively affordable. The overall cost of living in 24216 Appalachia, VA is 13% lower than the national average making it an attractive option for retirees looking to settle down or young families looking to save money. Additionally, there are many job opportunities available due to the region's thriving manufacturing and healthcare industries.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAppalachiaVirginiaUnited States
    Unlock104.2100.0
  91.1  Unlock100.0
    Unlock103.1100.0
  14.6  Unlock100.0
    Unlock$343,200$338,100
  98.4  Unlock100.0
    Unlock99.4100.0
  99.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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