Cost of Living in Waterford, VA
Housing
The housing market plays a significant role in determining the cost of living in Waterford, VA.
- Housing Index: 107.5 / 100
- Median Home Price is: $525,000
- Average Rent (2 BR Apartment): $1935 per month
- Average Rent (2 BR House): $2103 per month
Considering a move to Waterford, VA? The data indicates a median home price of 525000, suggesting a competitive real estate market. However, both the housing index and average rental rates for 2-bedroom apartments and houses are currently reported as $0. This often indicates a market experiencing fluctuations or insufficient inventory. When evaluating your cost of living here, it's crucial to consider additional factors like community amenities, commute times, and local job market conditions, which may also impact your overall lifestyle satisfaction when choosing your next home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waterford, 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 Waterford, 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 Waterford is a financially viable option for your relocation.