Housing costs in Suffolk?
A typical home costs
$378,600, which is 12.0% more expensive than the national average of
$338,100 and 10.3% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Suffolk costs
$1,400 per month, which is 0.0% cheaper than the national average of
$1,400 and 5.7% more than the state average of
$1,320.
Can I afford Suffolk?
To live comfortably in Suffolk (zip 23432), Virginia, a minimum annual income of
$72,720 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Suffolk?
The cost of living in 23432 Suffolk, VA is fairly reasonable when compared to other places in the state. The median home price in this area is around $200,000, and the median household income is about $54,000. The average rent for a two-bedroom apartment is roughly $1,100 per month. The unemployment rate in this area stands at 4%, which is one of the lowest in the state. Additionally, most people can enjoy having a good quality of life while also being able to save money on their housing costs due to the low prices for homes and rentals.