Zip 24150 (Ripplemead, VA) Cost of Living


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How much do I need to live in Ripplemead, Virginia?
$2,310 / month
for a family, 57.2% less expensive than the national average A total of $27,720 for the year for a family.
$2,333 / month
for a single person, 51.1% less expensive than the national average A total of $28,000 for the year for a single person.

Ripplemead cost of living score
79.8
Less expensive
20.2% lower
than the US average
23.4% lower
than the Virginia average
Ripplemead (zip 24150), Virginia gets a BestPlaces Cost of Living score of 79.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.2% lower than the U.S. average and 23.4% lower than the average for Virginia.

Zip 24150 (Ripplemead, VA)

Housing costs in Ripplemead?
A typical home costs $144,600, which is 57.2% less expensive than the national average of $338,100 and 57.9% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Ripplemead costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 77.2% cheaper than the state average of $1,400.

Can I afford Ripplemead?
To live comfortably in Ripplemead (zip 24150), Virginia, a minimum annual income of $27,720 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Ripplemead?
The cost of living in 24150 Ripplemead, VA is generally considered to be slightly higher than the national average. Home prices are higher than in some other parts of Virginia, with a median value of $178,300 and an average rent rate of $1,030 for a one-bedroom apartment. In addition to housing costs, goods and services are slightly more expensive than the national average due to Ripplemead's rural location and status as a small town. The overall tax burden in 24150 Ripplemead is also slightly higher than the national average, although there is no local sales tax or state income tax.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRipplemeadVirginiaUnited States
    Unlock104.2100.0
  93.5  Unlock100.0
    Unlock103.1100.0
  40.8  Unlock100.0
    Unlock$343,200$338,100
  99.1  Unlock100.0
    Unlock99.4100.0
  100.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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