Housing costs in Suffolk?
A typical home costs
$454,600, which is 34.5% more expensive than the national average of
$338,100 and 32.5% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Suffolk costs
$1,070 per month, which is 23.6% cheaper than the national average of
$1,400 and 23.4% cheaper than the state average of
$1,320.
Can I afford Suffolk?
To live comfortably in Suffolk (zip 23433), Virginia, a minimum annual income of
$87,120 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Suffolk?
The cost of living in 23433 Suffolk, VA is quite reasonable compared to other areas in the United States. The median home value is $194,400 and the median rent price is $1,055 per month, both of which are slightly lower than the national average. In addition, the overall cost of living index is 93.9, which also falls below the national average of 100. With low housing costs and a variety of dining and entertainment options available nearby, this area offers residents a great lifestyle at an affordable price.