Housing costs in Roanoke?
A typical home costs
$915,100, which is 170.7% more expensive than the national average of
$338,100 and 166.6% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Roanoke costs
$1,050 per month, which is 25.0% cheaper than the national average of
$1,400 and 6.7% more than the state average of
$980.
Can I afford Roanoke?
To live comfortably in Roanoke (zip 24011), Virginia, a minimum annual income of
$175,320 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Roanoke?
The cost of living in 24011 Roanoke, VA is relatively low compared to the rest of the country. Median home prices are around $135,000, making it an affordable place to purchase a home. Renting a one-bedroom apartment is accessible too, with average prices being just under $800 per month. A meal out for two at a mid-range restaurant will usually cost around $50 and groceries for a week for two people cost about $80. The overall cost of living is 8% lower than the national average, making it an attractive option for those seeking a more budget-friendly area to live in.