Housing costs in Suffolk?
A typical home costs
$299,900, which is 11.3% less expensive than the national average of
$338,100 and 12.6% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Suffolk costs
$1,060 per month, which is 24.3% cheaper than the national average of
$1,400 and 24.5% cheaper than the state average of
$1,320.
Can I afford Suffolk?
To live comfortably in Suffolk (zip 23438), Virginia, a minimum annual income of
$57,600 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Suffolk?
The cost of living in 23438 Suffolk, VA is generally considered to be quite reasonable. Housing costs are particularly attractive and the median home value in this area is lower than the national average. The overall cost of living index is slightly higher than the national average, but still quite affordable when compared to other parts of the country. Groceries, utilities, transportation, health care, and other necessities also tend to be more economical here than in many other places. In fact, the cost of living in this area combined with its proximity to popular attractions such as Virginia Beach and Williamsburg means that it can be very attractive to those looking for a great place to live without breaking their budgets.