Housing costs in Suffolk?
A typical home costs
$278,200, which is 17.7% less expensive than the national average of
$338,100 and 18.9% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Suffolk costs
$1,240 per month, which is 11.4% cheaper than the national average of
$1,400 and 6.5% cheaper than the state average of
$1,320.
Can I afford Suffolk?
To live comfortably in Suffolk (zip 23434), Virginia, a minimum annual income of
$53,280 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Suffolk?
The cost of living in 23434 Suffolk, VA is relatively affordable compared to other parts of the United States. The median home price in the area is around $200,000, which is well below the national average. Additionally, utilities and other household expenses are very reasonable. Renters can expect to pay an average of $1,250 per month for a one-bedroom apartment and slightly more for bigger units. Groceries and basic necessities are fairly inexpensive due to competition from many local outlets. Overall, living in 23434 Suffolk, VA offers residents an excellent quality of life at an affordable price.