Housing costs in Roanoke?
A typical home costs
$229,400, which is 32.2% less expensive than the national average of
$338,100 and 33.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Roanoke costs
$920 per month, which is 34.3% cheaper than the national average of
$1,400 and 6.5% cheaper than the state average of
$980.
Can I afford Roanoke?
To live comfortably in Roanoke (zip 24014), Virginia, a minimum annual income of
$43,920 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Roanoke?
The cost of living in 24014 Roanoke, VA is quite reasonable. The average home prices in the area are around $100,000, and the median household income is roughly $45,000. Renters may find housing costs slightly higher than the national average, though still competitively priced. Groceries and other essentials are also reasonably priced compared to many other cities in the U.S., offering good value for money. Cost of transportation such as gas and public transport is also relatively low when compared to the rest of the country. All-in-all, 24014 Roanoke, VA offers a relatively affordable cost of living for those looking to move into the area.