Housing costs in Lake Ridge?
A typical home costs
$471,700, which is 39.5% more expensive than the national average of
$338,100 and 37.4% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lake Ridge costs
$1,810 per month, which is 29.3% more than the national average of
$1,400 and close to the state average of
$1,820.
Can I afford Lake Ridge?
To live comfortably in Lake Ridge (zip 22192), Virginia, a minimum annual income of
$90,360 for a family, and
$63,600 for a single person is recommended.
What does A.I. say about Lake Ridge?
The cost of living in 22192 Lake Ridge, VA is relatively high when compared to the national average. The median home value is over $380,000 and the median rent price is just under $2,200 per month. In addition to these housing costs, groceries and healthcare expenses are also higher than average due to the area’s proximity to Washington D.C. On the other hand, transportation costs tend to be lower than average due to its close location to major highways and public transportation options. All in all, 22192 Lake Ridge is an expensive place to live but it comes with plenty of amenities that can make it worth the financial investment.