Housing costs in Pennington Gap?
A typical home costs
$79,900, which is 76.4% less expensive than the national average of
$338,100 and 76.7% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Pennington Gap costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 72.8% cheaper than the state average of
$1,400.
Can I afford Pennington Gap?
To live comfortably in Pennington Gap (zip 24277), Virginia, a minimum annual income of
$15,480 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Pennington Gap?
The cost of living in 24277 Pennington Gap, VA is relatively low compared to the rest of the United States. According to Best Places, the estimated cost of living in this area is 8% lower than the national average. This means that basic necessities, such as groceries and utilities, are more affordable than most other parts of the country. In addition, housing prices are very reasonable, with a median home price of approximately $64,000. Those looking for an affordable place to live will find that 24277 Pennington Gap offers great value for money.