Cost of Living in Bassett, VA

Housing

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

  • Housing Index: Data is updating
  • Median Home Price is: $159,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

Considering relocating to Bassett, VA? With a median home price of 159000, the affordability of housing in your potential new home is noteworthy, especially compared to national averages. However, a housing index of 0.0 suggests limited market activity or opportunities. It’s crucial to research further on rental options; currently, average rents for both 2BR apartments and houses are listed as 0.0 and 0.0, respectively. This could indicate a dormancy in the rental market, which might require patience before securing a residence. Always consider broader economic factors in your decision!

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bassett, 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.): Data is updating

Living in Bassett, 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 data unavailable 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 Bassett is a financially viable option for your relocation.