Cost of Living in Harrisonburg, VA

Housing

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

• Housing Index: 110.0 / 100
• Median Home Price is: $249000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1280 per month

When considering a move to Harrisonburg, VA, the housing market reveals a housing index of 110.0, indicating it's slightly above the national average. The median home price stands at 249000, a relatively accessible figure for many homebuyers. Additionally, average rents for a 2-bedroom apartment are around 1200, while renting a 2-bedroom house costs roughly 1280. Compared to the national trends, these prices may suggest that Harrisonburg offers affordable options for both buyers and renters. Bear in mind, amenities and community can also play vital roles 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 Harrisonburg, 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 Harrisonburg, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 103.2

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $56050

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Harrisonburg, VA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.