Zip 22940 (Free Union, VA) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Free Union cost of living score
109.8
More expensive
9.8% higher
than the US average
5.4% higher
than the Virginia average
Free Union (zip 22940), Virginia gets a BestPlaces Cost of Living score of 109.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.8% higher than the U.S. average and 5.4% lower than the average for Virginia.

Zip 22940 (Free Union, VA)

Housing costs in Free Union?
A typical home costs $528,000, which is 56.2% more expensive than the national average of $338,100 and 53.8% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Free Union costs $1,520 per month, which is 8.6% more than the national average of $1,400 and 7.9% more than the state average of $1,400.

Can I afford Free Union?
To live comfortably in Free Union (zip 22940), Virginia, a minimum annual income of $101,160 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Free Union?
The cost of living in 22940 Free Union, VA is relatively high compared to the rest of the state and nation. The median home price in 22940 is $535,000, more than double the national median of $253,600. Although housing costs are high, other expenses such as groceries and healthcare are slightly lower than the national average. The unemployment rate in 22940 is 4.7%, lower than the US average of 5%. In terms of taxes, property tax is around 0.75% and incomes tax ranges from 2% to 5.75%. Overall, while living in 22940 may be more expensive than other parts of Virginia or the country as a whole, it still provides residents with relative affordability when it comes to everyday necessities.
   Cost of living score
     CategoriesFree UnionVirginiaUnited States
  109.8104.2100.0
  100.699.6100
  103.7103.1100.0
  181.0112.9100.0
  $528,000$343,200$338,100
  100.3%99.3%100.0%
  78.199.4100.0
  143.3113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime