Zip 23015 (Beaverdam, VA) Cost of Living


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United States / Virginia / Richmond Metro Area / Hanover County / No City / Beaverdam (zip 23015)
How much do I need to live in Beaverdam, Virginia?
$5,130 / month
for a family, 5.0% less expensive than the national average A total of $61,560 for the year for a family.
$3,400 / month
for a single person, 28.7% less expensive than the national average A total of $40,800 for the year for a single person.

Beaverdam cost of living score
102.4
More expensive
2.4% higher
than the US average
1.7% lower
than the Virginia average
Beaverdam (zip 23015), Virginia gets a BestPlaces Cost of Living score of 102.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.4% higher than the U.S. average and 1.7% higher than the average for Virginia.

Zip 23015 (Beaverdam, VA)

Housing costs in Beaverdam?
A typical home costs $321,200, which is 5.0% less expensive than the national average of $338,100 and 6.4% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Beaverdam costs $1,150 per month, which is 19.6% cheaper than the national average of $1,430 and 21.7% cheaper than the state average of $1,400.

Can I afford Beaverdam?
To live comfortably in Beaverdam (zip 23015), Virginia, a minimum annual income of $61,560 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Beaverdam?
The cost of living in 23015 Beaverdam, VA is relatively affordable compared to other areas in the country. The median home cost in the area is around $240,000, which is slightly lower than the Virginia state average. The median household income in the area is just over $45,000, which is slightly higher than the national average. In terms of consumer prices, goods and services tend to be around 5% lower than the US average. Property taxes are also relatively low at a rate of 0.71%. All in all, living in Beaverdam can be quite affordable for those who are looking for an inexpensive place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBeaverdamVirginiaUnited States
    Unlock104.2100.0
  99.7  Unlock100.0
    Unlock103.1100.0
  106.5  Unlock100.0
    Unlock$343,200$338,100
  98.9  Unlock100.0
    Unlock99.4100.0
  142.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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