Zip 24148 (Ridgeway, VA) Cost of Living


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How much do I need to live in Ridgeway, Virginia?
$1,860 / month
for a family, 65.6% less expensive than the national average A total of $22,320 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Ridgeway cost of living score
71.6
Less expensive
28.4% lower
than the US average
31.3% lower
than the Virginia average
Ridgeway (zip 24148), Virginia gets a BestPlaces Cost of Living score of 71.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.4% lower than the U.S. average and 31.3% lower than the average for Virginia.

Zip 24148 (Ridgeway, VA)

Housing costs in Ridgeway?
A typical home costs $117,100, which is 65.4% less expensive than the national average of $338,100 and 65.9% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Ridgeway costs $850 per month, which is 39.3% cheaper than the national average of $1,400 and 7.1% more than the state average of $790.

Can I afford Ridgeway?
To live comfortably in Ridgeway (zip 24148), Virginia, a minimum annual income of $22,320 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Ridgeway?
The cost of living in 24148 Ridgeway, VA is relatively low compared to other parts of Virginia and the US. The median home price for primary residences in this zip code is around $117,000 which is nearly 25% lower than the state average. Property taxes are also quite reasonable — usually between 1-2%. Additionally, groceries, healthcare, and transportation expenses are all well below the national average. Overall, 24148 Ridgeway offers a high quality of life for very affordable prices.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRidgewayVirginiaUnited States
    Unlock104.2100.0
  93.2  Unlock100.0
    Unlock103.1100.0
  36.7  Unlock100.0
    Unlock$343,200$338,100
  100.3  Unlock100.0
    Unlock99.4100.0
  99.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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