Zip 24614 (Grundy, VA) Cost of Living


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United States / Virginia / No Metro Area / Buchanan County / Grundy / Grundy (zip 24614)
How much do I need to live in Grundy, Virginia?
$1,470 / month
for a family, 72.8% less expensive than the national average A total of $17,640 for the year for a family.
$2,267 / month
for a single person, 52.4% less expensive than the national average A total of $27,200 for the year for a single person.

Grundy cost of living score
70
Less expensive
30.0% lower
than the US average
32.8% lower
than the Virginia average
Grundy (zip 24614), Virginia gets a BestPlaces Cost of Living score of 70, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.0% lower than the U.S. average and 32.8% lower than the average for Virginia.

Zip 24614 (Grundy, VA)

Housing costs in Grundy?
A typical home costs $91,400, which is 73.0% less expensive than the national average of $338,100 and 73.4% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Grundy costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 81.8% cheaper than the state average of $1,400.

Can I afford Grundy?
To live comfortably in Grundy (zip 24614), Virginia, a minimum annual income of $17,640 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Grundy?
24614 Grundy, VA has a relatively low cost of living compared to other areas in the United States. According to the Cost of Living Index provided by Best Places, it is 8.7% lower than the national average. The median home price in 24614 Grundy is approximately $82,600, which is significantly lower than the national median home price of around $231,200. Additionally, prices for groceries and healthcare are also lower than the US averages. Therefore, those wishing to live more cost effectively will find that 24614 Grundy can be an ideal location.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGrundyVirginiaUnited States
    Unlock104.2100.0
  93.0  Unlock100.0
    Unlock103.1100.0
  26.3  Unlock100.0
    Unlock$343,200$338,100
  95.3  Unlock100.0
    Unlock99.4100.0
  93.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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