Cost of Living in Ivor, VA

Housing

The housing market plays a significant role in determining the cost of living in Ivor, VA.

  • Housing Index: 107.5 / 100
  • Median Home Price is: $198,000
  • Average Rent (2 BR Apartment): $1935 per month
  • Average Rent (2 BR House): $2103 per month

Considering a move to Ivor, VA? With a housing index of 107.5, it’s important to evaluate your budget against the local market. The median home price stands at 198000, which indicates a relatively affordable option for home buyers. Additionally, monthly rent averages are given as 1935 for a 2-bedroom apartment and 2103 for a 2-bedroom house, highlighting a mild rental market. This combination makes Ivor a potentially appealing place to settle down, especially for families and first-time homebuyers looking for value.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ivor, 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 Ivor, VA could entail higher utility costs. Electricity costs sit at $15.31, while natural gas is priced at $19.91 per Thousand Cubic Feet β€” 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 Ivor is a financially viable option for your relocation.

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