Housing costs in Chincoteague?
A typical home costs
$305,800, which is 9.6% less expensive than the national average of
$338,100 and 10.9% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Chincoteague costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 79.5% cheaper than the state average of
$1,400.
Can I afford Chincoteague?
To live comfortably in Chincoteague (zip 23336), Virginia, a minimum annual income of
$58,680 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Chincoteague?
Living in 23336 Chincoteague, VA is relatively affordable compared to other areas of the United States. The cost of living index in this area is 96.6, which is lower than the national average of 100. Groceries and healthcare costs are particularly low with grocery prices 3% below the national average and healthcare only 2% higher. Housing costs are slightly more expensive with an average price of $229,900 for a home; however, this is still 8% lower than the national median. All in all, 23336 Chincoteague, VA is a great place to live for those looking to save money without sacrificing quality of life.