Housing costs in Emporia?
A typical home costs
$112,200, which is 66.8% less expensive than the national average of
$338,100 and 67.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Emporia costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 47.4% cheaper than the state average of
$1,400.
Can I afford Emporia?
To live comfortably in Emporia (zip 23847), Virginia, a minimum annual income of
$21,600 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Emporia?
The cost of living in 23847 Emporia, VA is relatively low compared to other cities in the United States. According to BestPlaces, the overall cost of living index is 85, which is 15% lower than the US average. Housing costs are especially affordable, with a median home price of $97,500 and an average rent of just $690 per month. Groceries, utilities, and transportation are also much more affordable than in many other locations across the country. In addition, local taxes are quite low with no state income tax and a sales tax rate of just 5%. Altogether, these factors make 23847 Emporia an ideal place for those looking for an affordable lifestyle without sacrificing quality of life.