Cost of Living in Raven, VA
Housing
The housing market plays a significant role in determining the cost of living in Raven, VA.
- Housing Index: Data is updating
- Median Home Price is: $166,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In evaluating the housing market in Raven, VA, the absence of a defined housing index and rent data suggests a potentially unstable or inactive rental market. However, with a median home price of 166000, home purchases may offer affordability for buyers seeking stability over rental options. When considering the lack of rental statistics alongside this figure, prospective movers should weigh their options carefully. A lower median price might indicate a slower market; ensure to investigate local amenities and job opportunities that could enrich your living experience before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Raven, 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 Raven, 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 Raven is a financially viable option for your relocation.