Zip 24141 (Radford, VA) Cost of Living


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Radford cost of living score
82.9
Less expensive
17.1% lower
than the US average
20.4% lower
than the Virginia average
Radford (zip 24141), Virginia gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 20.4% lower than the average for Virginia.

Zip 24141 (Radford, VA)

Housing costs in Radford?
A typical home costs $217,800, which is 35.6% less expensive than the national average of $338,100 and 36.5% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Radford costs $880 per month, which is 37.1% cheaper than the national average of $1,400 and 10.2% cheaper than the state average of $970.

Can I afford Radford?
To live comfortably in Radford (zip 24141), Virginia, a minimum annual income of $41,760 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Radford?
The cost of living in 24141 Radford, VA is fairly reasonable compared to other areas in the country. The median home value is $165,800, which is much lower than the national average. In addition, the cost of goods and services are relatively low compared to other cities in Virginia. The area also offers a variety of housing options at different prices, making it accessible for people on a range of budgets. Furthermore, there are plenty of employment opportunities available as well as many recreational activities that can help bring down overall costs. All these factors make 24141 Radford, VA an attractive place to live with a cost of living that won't break the bank.
   Cost of living score
     CategoriesRadfordVirginiaUnited States
  82.9104.2100.0
  97.899.6100
  116.6103.1100.0
  64.7112.9100.0
  $217,800$343,200$338,100
  99.6%99.3%100.0%
  74.499.4100.0
  100.9113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime