Housing costs in Suffolk?
A typical home costs
$372,900, which is 10.3% more expensive than the national average of
$338,100 and 8.7% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Suffolk costs
$1,660 per month, which is 18.6% more than the national average of
$1,400 and 20.5% more than the state average of
$1,320.
Can I afford Suffolk?
To live comfortably in Suffolk (zip 23435), Virginia, a minimum annual income of
$71,280 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Suffolk?
The cost of living in 23435 Suffolk, VA is relatively low compared to other areas in the country. The median home value is about $183,800 and the median rent is around $1,170. The overall cost of living index for 23435 is 92.4 (national average = 100), which indicates that it is 7.6% cheaper than the rest of the United States. Additionally, groceries, health care, utilities, and transportation costs are all below average when compared to other states. It's no wonder that many people flock to this area each year; with a low cost of living and plenty of activities to do in town, Suffolk, VA should definitely be on your list of potential places to call home!