Cost of Living in Midlothian, VA
Housing
The housing market plays a significant role in determining the cost of living in Midlothian, VA.
- Housing Index: 110.0 / 100
- Median Home Price is: $392,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
Considering a move to Midlothian, VA? The housing index stands at 110.0, indicating moderate housing cost challenges. With a median home price of 392000, purchasing property here requires significant investment. Renters might find the average rent for a 2-bedroom apartment at 1800 and a house at 1840 somewhat steep. It's crucial to weigh the benefits of local amenities, employment opportunities, and lifestyle against these costs. Additionally, potential future appreciation in property values could make buying more appealing in the long run.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Midlothian, 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 Midlothian, 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 Midlothian is a financially viable option for your relocation.