Housing costs in Cheriton?
A typical home costs
$243,100, which is 28.1% less expensive than the national average of
$338,100 and 29.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Cheriton costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 66.7% cheaper than the state average of
$1,400.
Can I afford Cheriton?
To live comfortably in Cheriton (zip 23316), Virginia, a minimum annual income of
$46,440 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Cheriton?
The cost of living in 23316 Cheriton, VA is slightly higher than the US average. The median home value in the area is around $262,700, and the median household income is approximately $60,772. Prices for groceries, transportation, and healthcare are all slightly above the national average, although housing costs are substantially lower than many other areas of the country. On the whole, 23316 Cheriton offers a reasonable standard of living and a good balance between affordability and amenities.