Zip 22943 (Greenwood, VA) Cost of Living


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Greenwood cost of living score
109.8
More expensive
9.8% higher
than the US average
5.4% higher
than the Virginia average
Greenwood (zip 22943), 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 22943 (Greenwood, VA)

Housing costs in Greenwood?
A typical home costs $458,600, which is 35.6% more expensive than the national average of $338,100 and 33.6% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Greenwood costs $1,380 per month, which is 3.5% cheaper than the national average of $1,430 and close to the state average of $1,400.

Can I afford Greenwood?
To live comfortably in Greenwood (zip 22943), Virginia, a minimum annual income of $87,840 for a family, and $46,400 for a single person is recommended.

What does A.I. say about Greenwood?
The cost of living in 22943 Greenwood, VA is relatively low. Groceries, housing, and transportation costs are all very affordable compared to other parts of the state. For instance, a three-bedroom house can be rented for around $600 a month, while the average utilities bill for a household ranges between $75-$100 per month. Gas prices are also quite reasonable; the average price of gas in the area is about $2.30 per gallon. Finally, groceries in Greenwood tend to be less expensive than neighboring towns and cities. All things considered, it is an affordable place to live overall!
   Cost of living score
     CategoriesGreenwoodVirginiaUnited States
  109.8104.2100.0
  96.999.6100
  103.7103.1100.0
  139.5112.9100.0
  $458,600$343,200$338,100
  97.6%99.3%100.0%
  78.299.4100.0
  143.3113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime