Housing costs in Fredericksburg?
A typical home costs
$414,900, which is 22.7% more expensive than the national average of
$338,100 and 20.9% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Fredericksburg costs
$1,380 per month, which is 1.4% cheaper than the national average of
$1,400 and 31.9% cheaper than the state average of
$1,820.
Can I afford Fredericksburg?
To live comfortably in Fredericksburg (zip 22401), Virginia, a minimum annual income of
$79,560 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Fredericksburg?
The cost of living in 22401 Fredericksburg, VA is generally higher than the national average. The median home price is around $235,000 and the median rent price is about $1,400. Utilities are on par with the national average, with electric and natural gas prices slightly cheaper. Groceries and other basic necessities are also higher than average. Despite these higher costs, Fredericksburg still offers a high quality of life with its close proximity to major cities like Washington D.C., Baltimore and Richmond. Residents have access to numerous attractions such as a vibrant nightlife, historic sites, national parks and outdoor activities all within close reach.