Housing costs in Staunton?
A typical home costs
$261,500, which is 22.7% less expensive than the national average of
$338,100 and 23.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Staunton costs
$970 per month, which is 30.7% cheaper than the national average of
$1,400 and 2.1% cheaper than the state average of
$990.
Can I afford Staunton?
To live comfortably in Staunton (zip 24401), Virginia, a minimum annual income of
$50,040 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Staunton?
Living in Staunton, VA is generally an affordable option for families and individuals. The cost of living in 24401 is roughly 7% lower than the Virginia average and 12% lower than the national average. Housing expenses are particularly low, with a median home price of around $186,000 for a two bedroom home or $131 per square foot, making it much more economical than other cities in the state. Furthermore, utilities are very reasonable with electricity costs at 10 cents per kWh and natural gas costing an average of $12 per month. With overall living costs being so low, Staunton remains a great place to live for anyone looking to save money while still enjoying all that this unique city has to offer.