Zip 24142 (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 24142), 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 24142 (Radford, VA)

Housing costs in Radford?
A typical home costs $243,000, which is 28.1% less expensive than the national average of $338,100 and 29.2% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Radford costs $910 per month, which is 35.0% cheaper than the national average of $1,400 and 6.6% cheaper than the state average of $970.

Can I afford Radford?
To live comfortably in Radford (zip 24142), Virginia, a minimum annual income of $46,440 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Radford?
The cost of living in 24142 Radford, VA is generally considered to be lower than the national average. Housing costs are especially affordable, with the median home value estimated to be $174,200. The median monthly rent for a one-bedroom apartment can range from about $600-$800. Groceries and other goods are also reasonably priced, making it possible for individuals and families to live comfortably on a budget. Additionally, there are plenty of opportunities for outdoor activities and entertainment throughout the year, making Radford an attractive place for those who want to enjoy a low cost of living while still having access to a variety of amenities.
   Cost of living score
     CategoriesRadfordVirginiaUnited States
  82.9104.2100.0
  97.499.6100
  116.6103.1100.0
  64.3112.9100.0
  $243,000$343,200$338,100
  98.4%99.3%100.0%
  70.499.4100.0
  100.9113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime