Housing costs in Gate City?
A typical home costs
$143,800, which is 57.5% less expensive than the national average of
$338,100 and 58.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Gate City costs
$770 per month, which is 45.0% cheaper than the national average of
$1,400 and 2.6% cheaper than the state average of
$790.
Can I afford Gate City?
To live comfortably in Gate City (zip 24251), Virginia, a minimum annual income of
$27,720 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Gate City?
The cost of living in 24251 Gate City, VA is generally quite affordable. The median housing costs are well below the national average, at an estimated $82,000 for a home. In addition, other major expenses such as groceries and utilities are also fairly inexpensive compared to other parts of the country. This makes it an ideal place for families and individuals looking to save money while still maintaining a good quality of life. Additionally, there are plenty of jobs available in the area, making it easy to find a steady source of income. All in all, 24251 Gate City, VA is a great place for those looking to live an affordable lifestyle while still having access to all the amenities they need.