Housing costs in Mechanicsville?
A typical home costs
$328,500, which is 2.8% less expensive than the national average of
$338,100 and 4.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Mechanicsville costs
$1,430 per month, which is 2.1% more than the national average of
$1,400 and 7.0% more than the state average of
$1,330.
Can I afford Mechanicsville?
To live comfortably in Mechanicsville (zip 23111), Virginia, a minimum annual income of
$63,000 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Mechanicsville?
The cost of living in 23111 Mechanicsville, VA is moderately expensive. The overall cost of living index for this area is 124.3, which is higher than the national average of 100. This index takes into consideration housing costs, as well as the prices of goods and services such as groceries, transportation and healthcare. Housing costs are especially expensive in this area, with a median home price of $273,400 and median rent at around $1,365 per month. Although higher than most other areas in Virginia, the cost of living in Mechanicsville can be offset by its close proximity to Washington D.C., Baltimore and Richmond along with their many job opportunities and cultural attractions.