Zip 24174 (Thaxton, VA) Cost of Living

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Thaxton cost of living score
Less expensive
6.4% lower
than the US average
10.2% lower
than the Virginia average
Thaxton (zip 24174), Virginia gets a BestPlaces Cost of Living score of 93.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.4% lower than the U.S. average and 10.2% lower than the average for Virginia.

Zip 24174 (Thaxton, VA)

Housing costs in Thaxton?
A typical home costs $180,500, which is 46.6% less expensive than the national average of $338,100 and 47.4% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Thaxton costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 75.0% cheaper than the state average of $1,400.

Can I afford Thaxton?
To live comfortably in Thaxton (zip 24174), Virginia, a minimum annual income of $34,560 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Thaxton?
The cost of living in 24174 Thaxton, VA is generally quite affordable. According to the Cost of Living Index, this zip code has a score of 78.3, which is below the national average and slightly below the state average. Housing costs are very reasonable, with homes costing an average of $167,400. Groceries and healthcare tend to be slightly more expensive than other areas, but overall 24174 Thaxton remains quite affordable. Taxes are also relatively low here, making it an ideal location for those looking for an affordable area to live in rural Virginia.
   Cost of living score
     CategoriesThaxtonVirginiaUnited States

   100=National Average

   Average Rent by Bedroom Size