Zip 23065 (Gum Spring, VA) Cost of Living


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United States / Virginia / Richmond Metro Area / Goochland County / No City / Gum Spring (zip 23065)
How much do I need to live in Gum Spring, Virginia?
$4,860 / month
for a family, 10.0% less expensive than the national average A total of $58,320 for the year for a family.
$4,400 / month
for a single person, 7.7% less expensive than the national average A total of $52,800 for the year for a single person.

Gum Spring cost of living score
111.5
More expensive
11.5% higher
than the US average
7.0% higher
than the Virginia average
Gum Spring (zip 23065), Virginia gets a BestPlaces Cost of Living score of 111.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% higher than the U.S. average and 7.0% lower than the average for Virginia.

Zip 23065 (Gum Spring, VA)

Housing costs in Gum Spring?
A typical home costs $304,700, which is 9.9% less expensive than the national average of $338,100 and 11.2% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Gum Spring costs $1,490 per month, which is 4.2% more than the national average of $1,430 and 6.0% more than the state average of $1,400.

Can I afford Gum Spring?
To live comfortably in Gum Spring (zip 23065), Virginia, a minimum annual income of $58,320 for a family, and $52,800 for a single person is recommended.

What does A.I. say about Gum Spring?
The cost of living in 23065 Gum Spring, VA is quite reasonable. The median home value is $311,854 and the median rent price is $1,636 per month. Goods and services are reasonably priced in 23065 Gum Spring, VA with groceries costing around 10% less than the national average. Additionally, healthcare costs are also lower than the national average. All these factors make it an ideal location for anyone looking for a more affordable way of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGum SpringVirginiaUnited States
    Unlock104.2100.0
  97.5  Unlock100.0
    Unlock103.1100.0
  81.1  Unlock100.0
    Unlock$343,200$338,100
  104.1  Unlock100.0
    Unlock99.4100.0
  146.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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