Zip 22938 (Faber, VA) Cost of Living


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Faber cost of living score
94.6
Less expensive
5.4% lower
than the US average
9.2% lower
than the Virginia average
Faber (zip 22938), Virginia gets a BestPlaces Cost of Living score of 94.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.4% lower than the U.S. average and 9.2% lower than the average for Virginia.

Zip 22938 (Faber, VA)

Housing costs in Faber?
A typical home costs $299,200, which is 11.5% less expensive than the national average of $338,100 and 12.8% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Faber costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 20.7% cheaper than the state average of $1,400.

Can I afford Faber?
To live comfortably in Faber (zip 22938), Virginia, a minimum annual income of $57,240 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Faber?
The cost of living in 22938 Faber, VA is relatively low compared to other places in the United States. The median household income is $48,742 and the median home value is just over $132,000. Rent costs are also low with monthly rental rates averaging around $1,000 for a two bedroom apartment. Many of the local amenities are quite affordable as well, such as groceries, gas prices and clothing stores. Overall, 22938 Faber offers one of the most economical locations to live in Virginia.
   Cost of living score
     CategoriesFaberVirginiaUnited States
  94.6104.2100.0
  99.999.6100
  105.6103.1100.0
  93.9112.9100.0
  $299,200$343,200$338,100
  101.2%99.3%100.0%
  92.099.4100.0
  121.9113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime