Zip 24368 (Rural Retreat, VA) Cost of Living


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United States / Virginia / No Metro Area / Wythe County / Rural Retreat / Rural Retreat (zip 24368)

Rural Retreat cost of living score
76.4
Less expensive
23.6% lower
than the US average
26.7% lower
than the Virginia average
Rural Retreat (zip 24368), Virginia gets a BestPlaces Cost of Living score of 76.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.6% lower than the U.S. average and 26.7% lower than the average for Virginia.

Zip 24368 (Rural Retreat, VA)

Housing costs in Rural Retreat?
A typical home costs $180,800, which is 46.5% less expensive than the national average of $338,100 and 47.3% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Rural Retreat costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 70.7% cheaper than the state average of $1,400.

Can I afford Rural Retreat?
To live comfortably in Rural Retreat (zip 24368), Virginia, a minimum annual income of $34,560 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Rural Retreat?
The cost of living in 24368 Rural Retreat, VA is quite affordable. According to the Best Places Cost of Living Index, the overall cost of living index in this area is 84.8, which is 16.2% lower than the U.S. average of 100. On average, essential expenses such as groceries and health care are 20% less expensive than the national average, while utilities are 6% lower than the rest of the country. This makes 24368 Rural Retreat an attractive place to live for those looking for a more economical option with its low housing costs and overall cost of living.
   Cost of living score
     CategoriesRural RetreatVirginiaUnited States
  76.4104.2100.0
  97.399.6100
  105.3103.1100.0
  46.0112.9100.0
  $180,800$343,200$338,100
  95.5%99.3%100.0%
  72.299.4100.0
  94.4113.7100.0

   100=National Average

   Average Rent by Bedroom Size
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