Zip 24558 (Halifax, VA) Cost of Living


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United States / Virginia / No Metro Area / Halifax County / Halifax / Halifax (zip 24558)

Halifax cost of living score
74.1
Less expensive
25.9% lower
than the US average
28.9% lower
than the Virginia average
Halifax (zip 24558), Virginia gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 28.9% lower than the average for Virginia.

Zip 24558 (Halifax, VA)

Housing costs in Halifax?
A typical home costs $130,300, which is 61.5% less expensive than the national average of $338,100 and 62.0% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Halifax costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 79.5% cheaper than the state average of $1,400.

Can I afford Halifax?
To live comfortably in Halifax (zip 24558), Virginia, a minimum annual income of $24,840 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Halifax?
The cost of living in 24558 Halifax, VA is relatively low compared to other areas of the United States. The median home cost is around $110,000 which is much lower than the national average. The median household income is just over $51,000 and unemployment rate remains below 4%. The overall cost of living in Halifax, VA is about 8% lower than the national average. This makes it an attractive place to live for those on a budget or looking to save money. Groceries and utilities are also relatively inexpensive when compared to other parts of the country. For those looking for a great quality of life but still want to save money, 24558 Halifax, VA is a great option.
   Cost of living score
     CategoriesHalifaxVirginiaUnited States
  74.1104.2100.0
  93.599.6100
  101.4103.1100.0
  39.8112.9100.0
  $130,300$343,200$338,100
  103.3%99.3%100.0%
  70.999.4100.0
  93.9113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime