Cost of Living in Chester, VA
Housing
The housing market plays a significant role in determining the cost of living in Chester, VA.
- Housing Index: 105.0 / 100
- Median Home Price is: $335,000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
Considering the housing data for Chester, VA, it appears that the housing index is competitive at 105.0, making homeownership accessible. The median home price of 335000 suggests a viable market, especially in comparison to the average rent for a 2-bedroom apartment at 1500 and a house at 1600. With rental costs rising, purchasing property could be financially wise in the long run. However, potential movers should evaluate other factors such as job opportunities, lifestyle, and amenities to determine if Chester is the right fit for them.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Chester, 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.): $250 per month
Living in Chester, 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 $250 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 Chester is a financially viable option for your relocation.