Housing costs in Gloucester?
A typical home costs
$314,300, which is 7.0% less expensive than the national average of
$338,100 and 8.4% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Gloucester costs
$1,270 per month, which is 9.3% cheaper than the national average of
$1,400 and 3.9% cheaper than the state average of
$1,320.
Can I afford Gloucester?
To live comfortably in Gloucester (zip 23061), Virginia, a minimum annual income of
$60,120 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Gloucester?
The cost of living in Gloucester, VA (zip code 23061) is quite reasonable. According to the Council for Community and Economic Research, the annual cost of living index for Gloucester is 98.3, which is only slightly higher than the national average of 100. Housing costs in particular are very affordable, with the median house price being around $223,600 and a median rent cost of only $1,098 per month. Overall, Gloucester offers both a high quality of life and an affordable cost of living that makes it an attractive place to live.