Housing costs in Springfield?
A typical home costs
$591,500, which is 74.9% more expensive than the national average of
$338,100 and 72.3% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Springfield costs
$1,950 per month, which is 39.3% more than the national average of
$1,400 and 6.7% more than the state average of
$1,820.
Can I afford Springfield?
To live comfortably in Springfield (zip 22150), Virginia, a minimum annual income of
$113,400 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 22150 Springfield, VA is relatively high compared to the national average. This is primarily due to the fact that it is a suburb of Washington D.C., where many government workers have chosen to live and work. Housing costs are significantly higher than other parts of Virginia, with the median home price in 2019 being $461,542. The overall cost of goods and services also tends to be higher due to its proximity to major cities like D.C. Grocery prices are typically 15-20% above the national average, while transportation costs can sometimes exceed national averages due to limited public transportation options in this suburban area. Despite the higher cost of living, people still choose to live in 22150 Springfield because it offers easy access to D.C., safe neighborhoods and excellent schools.