Housing costs in Merrifield?
A typical home costs
$631,000, which is 86.6% more expensive than the national average of
$338,100 and 83.9% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Merrifield costs
$2,260 per month, which is 61.4% more than the national average of
$1,400 and 19.5% more than the state average of
$1,820.
Can I afford Merrifield?
To live comfortably in Merrifield (zip 22031), Virginia, a minimum annual income of
$120,960 for a family, and
$79,600 for a single person is recommended.
What does A.I. say about Merrifield?
The cost of living in 22031 Merrifield, VA is quite high compared to other areas within the state. The median home value in this area is $462,000, and the median rent price is $2,140 which is more than double the national average. Groceries, health care costs and transportation are also notably more expensive than average throughout the Merrifield area. Although it might be a steep price tag for some individuals or families wanting to move to the area, there are tax benefits associated with living in this zip code that could help offset some of these expenses.