Zip 24078 (Collinsville, VA) Cost of Living


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Collinsville cost of living score
71.6
Less expensive
28.4% lower
than the US average
31.3% lower
than the Virginia average
Collinsville (zip 24078), Virginia gets a BestPlaces Cost of Living score of 71.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.4% lower than the U.S. average and 31.3% lower than the average for Virginia.

Zip 24078 (Collinsville, VA)

Housing costs in Collinsville?
A typical home costs $130,400, which is 61.4% less expensive than the national average of $338,100 and 62.0% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Collinsville costs $810 per month, which is 42.1% cheaper than the national average of $1,400 and 2.5% more than the state average of $790.

Can I afford Collinsville?
To live comfortably in Collinsville (zip 24078), Virginia, a minimum annual income of $24,840 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Collinsville?
The cost of living in 24078 Collinsville, VA is quite affordable. According to Sperling's Best Places, the overall cost of living index for this area is 85.6, which is 15% lower than the U.S. average. This means that residents can expect to pay less for goods and services such as food, housing, transportation, and medical care compared to the national average. Furthermore, housing costs in 24078 Collinsville are also very reasonable; with median home prices of just over $150k and median rents at around $900/month, there are plenty of options available for those looking for an affordable place to live.
   Cost of living score
     CategoriesCollinsvilleVirginiaUnited States
  71.6104.2100.0
  93.699.6100
  106.5103.1100.0
  36.2112.9100.0
  $130,400$343,200$338,100
  100.3%99.3%100.0%
  69.699.4100.0
  99.0113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime