Zip 24020 (Hollins, VA) Cost of Living


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Hollins cost of living score
90.8
Less expensive
9.2% lower
than the US average
12.9% lower
than the Virginia average
Hollins (zip 24020), Virginia gets a BestPlaces Cost of Living score of 90.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% lower than the U.S. average and 12.9% lower than the average for Virginia.

Zip 24020 (Hollins, VA)

Housing costs in Hollins?
A typical home costs $308,100, which is 8.9% less expensive than the national average of $338,100 and 10.2% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Hollins costs $1,140 per month, which is 18.6% cheaper than the national average of $1,400 and 14.0% more than the state average of $980.

Can I afford Hollins?
To live comfortably in Hollins (zip 24020), Virginia, a minimum annual income of $59,040 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Hollins?
The cost of living in 24020 Hollins, VA is lower than the national average by about 3.3%. Housing prices in the area are very affordable with the median home value sitting at around $154,000. Generally speaking, groceries and utilities are also cheaper than in other parts of the country. Transportation costs can vary depending on the needs of the individual, but overall they tend to be quite reasonable. All in all, 24020 Hollins, VA is an attractive option for those looking for an affordable place to live with a low cost of living.
   Cost of living score
     CategoriesHollinsVirginiaUnited States
  90.8104.2100.0
  98.999.6100
  111.2103.1100.0
  76.8112.9100.0
  $308,100$343,200$338,100
  99.1%99.3%100.0%
  79.199.4100.0
  141.5113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime