Zip 24060 (Blacksburg, VA) Cost of Living


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Blacksburg cost of living score
89.6
Less expensive
10.4% lower
than the US average
14.0% lower
than the Virginia average
Blacksburg (zip 24060), Virginia gets a BestPlaces Cost of Living score of 89.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.4% lower than the U.S. average and 14.0% lower than the average for Virginia.

Zip 24060 (Blacksburg, VA)

Housing costs in Blacksburg?
A typical home costs $354,100, which is 4.7% more expensive than the national average of $338,100 and 3.2% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Blacksburg costs $1,140 per month, which is 18.6% cheaper than the national average of $1,400 and 14.9% more than the state average of $970.

Can I afford Blacksburg?
To live comfortably in Blacksburg (zip 24060), Virginia, a minimum annual income of $67,680 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Blacksburg?
The cost of living in 24060 Blacksburg, VA is relatively low compared to the national average. The median home value in this area is $212,500 which is much lower than the national median of $231,200. Additionally, transportation and utility costs are below the national average and groceries are slightly less expensive as well. Despite being a small rural town, Blacksburg has plenty of amenities available for residents that make it a desirable place to live. Overall, it is an affordable place to live with plenty of activities and attractions nearby.
   Cost of living score
     CategoriesBlacksburgVirginiaUnited States
  89.6104.2100.0
  103.399.6100
  117.2103.1100.0
  107.5112.9100.0
  $354,100$343,200$338,100
  101.9%99.3%100.0%
  63.999.4100.0
  138.2113.7100.0

   100=National Average

   Average Rent by Bedroom Size
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