Housing costs in Chester Gap?
A typical home costs
$281,500, which is 16.7% less expensive than the national average of
$338,100 and 18.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Chester Gap costs
$1,160 per month, which is 17.1% cheaper than the national average of
$1,400 and 56.9% cheaper than the state average of
$1,820.
Can I afford Chester Gap?
To live comfortably in Chester Gap (zip 22623), Virginia, a minimum annual income of
$54,000 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Chester Gap?
The cost of living in 22623 Chester Gap, VA is relatively low compared to other areas. It is significantly lower than the national average, and housing costs are particularly attractive. The median home value in this area is $206,500, which is a great deal lower than the national median home value of around $231,500. Additionally, the cost of utilities for a 2-bedroom apartment averages about $132 a month, while groceries come in at approximately $334 per month. Although it does not have the bustling economic activity of larger cities such as Washington DC or Richmond, VA, the lower cost of living makes it an ideal place for those who want to save money while living comfortably.