Zip 24224 (Castlewood, VA) Cost of Living


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United States / Virginia / No Metro Area / Russell County / Castlewood / Castlewood (zip 24224)
How much do I need to live in Castlewood, Virginia?
$1,590 / month
for a family, 70.6% less expensive than the national average A total of $19,080 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Castlewood cost of living score
74.1
Less expensive
25.9% lower
than the US average
28.9% lower
than the Virginia average
Castlewood (zip 24224), Virginia gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 28.9% lower than the average for Virginia.

Zip 24224 (Castlewood, VA)

Housing costs in Castlewood?
A typical home costs $99,000, which is 70.7% less expensive than the national average of $338,100 and 71.2% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Castlewood costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 72.8% cheaper than the state average of $1,400.

Can I afford Castlewood?
To live comfortably in Castlewood (zip 24224), Virginia, a minimum annual income of $19,080 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Castlewood?
The cost of living in 24224 Castlewood, VA is generally considered to be quite affordable. The median home price in the area is approximately $130,000, and the median household income is around $46,845 per year. This means that a family of four can live comfortably on a modest budget. Property taxes are also relatively low compared to other areas in Virginia. Additionally, many local businesses offer discounts and special offers to residents of the community which helps significantly when it comes to budgeting for grocery shopping and entertainment expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCastlewoodVirginiaUnited States
    Unlock104.2100.0
  93.3  Unlock100.0
    Unlock103.1100.0
  28.6  Unlock100.0
    Unlock$343,200$338,100
  95.6  Unlock100.0
    Unlock99.4100.0
  93.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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