Cost of Living in Phenix, VA
Housing
The housing market plays a significant role in determining the cost of living in Phenix, VA.
- Housing Index: Data is updating
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Phenix, VA, it appears that the current housing index is at an unusual baseline of 0.0. With a median home price of 0, it suggests a stagnant or uncharted market. Additionally, the average rents for both 2-bedroom apartments and houses stand at 0.0 and 0.0 respectively, indicating potentially minimal rental activity. These figures could signify an opportunity for investment, assuming future developments stimulate growth in the real estate market. However, further investigation into local economic factors will be crucial for informed decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Phenix, 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 Phenix, 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 Phenix is a financially viable option for your relocation.