Cost of Living in South boston, VA
Housing
The housing market plays a significant role in determining the cost of living in South boston, VA.
- Housing Index: 107.5 / 100
- Median Home Price is: $225,000
- Average Rent (2 BR Apartment): $1317 per month
- Average Rent (2 BR House): $1432 per month
When considering a move to South boston, VA, it's essential to focus on the remarkable real estate landscape here. With a median home price of 225000, it allows potential buyers access to affordable housing, albeit the housing index of 107.5 suggests a lack of rental options. Sadly, the current data indicates $0 for both average rents on 2-bedroom apartments and houses, reflecting immaturity in rental markets or data unavailability. Ensure to research further local market trends, which may indicate an opportunity for buyers looking to invest in property or seek more comprehensive rental options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South boston, 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 South boston, 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 South boston is a financially viable option for your relocation.