Zip 23437 (Suffolk, VA) Cost of Living


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How much do I need to live in Suffolk, Virginia?
$4,470 / month
for a family, 17.2% less expensive than the national average A total of $53,640 for the year for a family.
$3,133 / month
for a single person, 34.3% less expensive than the national average A total of $37,600 for the year for a single person.

Suffolk cost of living score
99.8
Less expensive
0.2% lower
than the US average
4.2% lower
than the Virginia average
Suffolk (zip 23437), Virginia gets a BestPlaces Cost of Living score of 99.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.2% lower than the U.S. average and 4.2% lower than the average for Virginia.

Zip 23437 (Suffolk, VA)

Housing costs in Suffolk?
A typical home costs $279,800, which is 17.2% less expensive than the national average of $338,100 and 18.5% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Suffolk costs $1,100 per month, which is 21.4% cheaper than the national average of $1,400 and 20.0% cheaper than the state average of $1,320.

Can I afford Suffolk?
To live comfortably in Suffolk (zip 23437), Virginia, a minimum annual income of $53,640 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Suffolk?
The cost of living in 23437 Suffolk, VA is relatively affordable. Groceries, healthcare, and housing are all reasonably priced compared to the national average. The median home value in this area is $286,100 and the median rent is $1,337. Utilities are also quite reasonable at an average monthly cost of just $162. In terms of groceries, food prices are on par with the national average. The overall cost of living index for this region is 86, which is slightly lower than the U.S average of 100.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSuffolkVirginiaUnited States
    Unlock104.2100.0
  97.4  Unlock100.0
    Unlock103.1100.0
  92.0  Unlock100.0
    Unlock$343,200$338,100
  100.0  Unlock100.0
    Unlock99.4100.0
  120.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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