Housing costs in Fredericksburg?
A typical home costs
$404,000, which is 19.5% more expensive than the national average of
$338,100 and 17.7% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Fredericksburg costs
$1,570 per month, which is 12.1% more than the national average of
$1,400 and 15.9% cheaper than the state average of
$1,820.
Can I afford Fredericksburg?
To live comfortably in Fredericksburg (zip 22407), Virginia, a minimum annual income of
$77,400 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Fredericksburg?
The cost of living in 22407 Fredericksburg, VA is fairly reasonable. The median home value is around $260,000, and the median rent is around $1,450. Groceries and other essentials are also reasonably priced. In addition, there is no state income tax in Virginia, which helps to keep the cost of living low compared to some other states. On average, households in this area have an annual income of about $68,000. All in all, Fredericksburg offers a high quality of life at a reasonable cost.