Housing costs in Roanoke?
A typical home costs
$264,700, which is 21.7% less expensive than the national average of
$338,100 and 22.9% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Roanoke costs
$890 per month, which is 36.4% cheaper than the national average of
$1,400 and 10.1% cheaper than the state average of
$980.
Can I afford Roanoke?
To live comfortably in Roanoke (zip 24015), Virginia, a minimum annual income of
$50,760 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Roanoke?
The cost of living in 24015 Roanoke, VA is reasonably affordable. According to the Best Places Cost of Living Index, the city's overall cost of living score is 88.5 out of a possible 100, meaning it is 11.5% lower than the national average. Housing is especially affordable, with median home prices at only $159,800 and rent prices on a two-bedroom apartment averaging about $1,000 per month. This cost of living makes it an ideal choice for those looking for an affordable place to live with good housing options and plenty to do.