Housing costs in Herndon?
A typical home costs
$595,300, which is 76.1% more expensive than the national average of
$338,100 and 73.5% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Herndon costs
$2,050 per month, which is 46.4% more than the national average of
$1,400 and 11.2% more than the state average of
$1,820.
Can I afford Herndon?
To live comfortably in Herndon (zip 20170), Virginia, a minimum annual income of
$114,120 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Herndon?
The cost of living in Herndon, VA in 2017 is quite reasonable compared to other nearby cities. According to a survey by the Council for Community and Economic Research, the cost of living index for Herndon was just 97.9, which is well below the national average. This means that goods and services in Herndon are relatively inexpensive. Housing prices are also quite affordable; according to US Census data from 2017, housing costs make up just 24% of the total median household income in Herndon. With all these factors considered, living in Herndon is an attractive option for those looking for an affordable cost of living without sacrificing quality of life.