Zip 24602 (Bandy, VA) Cost of Living


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How much do I need to live in Bandy, Virginia?
$1,290 / month
for a family, 76.1% less expensive than the national average A total of $15,480 for the year for a family.
$1,600 / month
for a single person, 66.4% less expensive than the national average A total of $19,200 for the year for a single person.

Bandy cost of living score
72
Less expensive
28.0% lower
than the US average
30.9% lower
than the Virginia average
Bandy (zip 24602), Virginia gets a BestPlaces Cost of Living score of 72, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.0% lower than the U.S. average and 30.9% lower than the average for Virginia.

Zip 24602 (Bandy, VA)

Housing costs in Bandy?
A typical home costs $81,200, which is 76.0% less expensive than the national average of $338,100 and 76.3% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Bandy costs $630 per month, which is 55.9% cheaper than the national average of $1,430 and 122.2% cheaper than the state average of $1,400.

Can I afford Bandy?
To live comfortably in Bandy (zip 24602), Virginia, a minimum annual income of $15,480 for a family, and $19,200 for a single person is recommended.

What does A.I. say about Bandy?
The cost of living in Bandy, VA 24602 is relatively low compared to the rest of the United States. The median home price is around $150,000 and the median household income is around $52,000. Renting prices are quite affordable with a one bedroom apartment averaging around $700 per month. Property taxes are also low averaging roughly 0.5% annually. Groceries are slightly higher than average but still reasonable compared to other parts of the country. Overall, Bandy offers residents a great value with an attractive cost of living that will allow them to stretch their dollars further than they would in other places.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBandyVirginiaUnited States
    Unlock104.2100.0
  94.2  Unlock100.0
    Unlock103.1100.0
  24.2  Unlock100.0
    Unlock$343,200$338,100
  96.2  Unlock100.0
    Unlock99.4100.0
  99.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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