Cost of Living in Bedford, VA
Housing
The housing market plays a significant role in determining the cost of living in Bedford, VA.
- Housing Index: 107.5 / 100
- Median Home Price is: $229,000
- Average Rent (2 BR Apartment): $1099 per month
- Average Rent (2 BR House): $1195 per month
Based on the provided data for Bedford, VA, it's noticeable that there might be affordable opportunities in terms of median home prices, currently at 229000. However, significant gaps in the housing index and average rents, reported as 107.5, 1099, and 1195, suggest a lack of current market data or availability issues, which could affect your decisions. Considering overall living costs, amenities, and community services in the region is vital before making any commitments. It's essential to gather comprehensive market insights to ensure a well-informed choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bedford, 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 Bedford, 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 Bedford is a financially viable option for your relocation.