Housing costs in Fredericksburg?
A typical home costs
$493,700, which is 46.0% more expensive than the national average of
$338,100 and 43.9% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Fredericksburg costs
$1,530 per month, which is 9.3% more than the national average of
$1,400 and 19.0% cheaper than the state average of
$1,820.
Can I afford Fredericksburg?
To live comfortably in Fredericksburg (zip 22406), Virginia, a minimum annual income of
$94,680 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Fredericksburg?
The cost of living in 22406 Fredericksburg, VA is slightly higher than the national average but still relatively affordable. The average home price is around $250,000 and there are plenty of rental options for those who don't want to buy. Groceries and basic household supplies cost a bit more than most places but still remain reasonable. Restaurants are moderately priced and there are plenty of activities to stay busy on the weekends. It's important to note that taxes can be high so it's important to do your research before committing to a purchase or lease agreement in the area.