Zip 23072 (Gloucester Point, VA) Cost of Living


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Gloucester Point cost of living score
98.7
Less expensive
1.3% lower
than the US average
5.3% lower
than the Virginia average
Gloucester Point (zip 23072), Virginia gets a BestPlaces Cost of Living score of 98.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.3% lower than the U.S. average and 5.3% lower than the average for Virginia.

Zip 23072 (Gloucester Point, VA)

Housing costs in Gloucester Point?
A typical home costs $307,600, which is 9.0% less expensive than the national average of $338,100 and 10.4% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Gloucester Point costs $1,150 per month, which is 17.9% cheaper than the national average of $1,400 and 14.8% cheaper than the state average of $1,320.

Can I afford Gloucester Point?
To live comfortably in Gloucester Point (zip 23072), Virginia, a minimum annual income of $59,040 for a family, and $39,200 for a single person is recommended.

What does A.I. say about Gloucester Point?
Living in 23072 Gloucester Point, VA is relatively affordable. According to BestPlaces, the cost of living index for this area is 82.68, which is lower than the U.S. national average of 100. Transportation costs are also low, with petrol prices being around $2.35 per gallon and public transportation fares at $1.50 for one-way trips. Additionally, consumers can expect to pay an average of $3 for a regular cappuccino and only $89 for a monthly gym membership pass. Furthermore, the median home price in 23072 Gloucester Point, VA is approximately $220,000 making it much more affordable than many other areas across the country.
   Cost of living score
     CategoriesGloucester PointVirginiaUnited States
  98.7104.2100.0
  98.699.6100
  103.2103.1100.0
  90.8112.9100.0
  $307,600$343,200$338,100
  97.0%99.3%100.0%
  104.499.4100.0
  112.0113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime