Housing costs in Bedford?
A typical home costs
$232,900, which is 31.1% less expensive than the national average of
$338,100 and 32.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Bedford costs
$930 per month, which is 33.6% cheaper than the national average of
$1,400 and close to the state average of
$930.
Can I afford Bedford?
To live comfortably in Bedford (zip 24523), Virginia, a minimum annual income of
$44,640 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Bedford?
The cost of living in Bedford, VA (zip code 24523) is generally considered to be affordable. Prices for groceries and other necessities are comparable to the national average, and housing costs are below the state average. This makes Bedford a great place to live for those on a budget. The median home price in Bedford is around $159,000, and rent averages at about $875/month for a two bedroom apartment. In addition, there are a wide range of restaurants and entertainment options available, allowing you to find something within your budget. All in all, the cost of living in Bedford is relatively affordable compared to other parts of Virginia.