Cost of Living in Atlantic, VA
Housing
The housing market plays a significant role in determining the cost of living in Atlantic, VA.
- Housing Index: 107.5 / 100
- Median Home Price is: $180,000
- Average Rent (2 BR Apartment): $1935 per month
- Average Rent (2 BR House): $2103 per month
Moving to Atlantic, VA presents a unique opportunity, especially within the current housing dynamics. With a housing index of 107.5, it indicates a comparatively favorable market environment. The median home price of 180000 is quite attainable for many buyers, providing an entry point to homeownership. However, the figures for average rent suggest limited rental options, with both the 2-bedroom apartment and house rentals listed at 1935 and 2103 respectively being notably absent. Prospective residents should weigh these factors carefully against job opportunities and local amenities before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Atlantic, VA.
- Electricity Price: $15.31 USD (median by state)
- Natural Gas Price: $19.91 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $242 per month
Living in Atlantic, VA could entail higher utility costs. Electricity costs sit at $15.31, while natural gas is priced at $19.91 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $242 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Atlantic is a financially viable option for your relocation.