Cost of Living in Suffolk, VA
Housing
The housing market plays a significant role in determining the cost of living in Suffolk, VA.
- Housing Index: 90.0 / 100
- Median Home Price is: $323900
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
When considering a move to Suffolk, VA, the housing data presents some important insights. With a housing index of 90.0, it indicates that affordability may be slightly lower than the national average. The median home price of 323900 suggests a competitive market, lacking the extreme prices found in larger metropolitan areas. Additionally, average rents for a 2-bedroom apartment and house are set at 1500 and 1600, respectively. Always consider local amenities, job opportunities, and overall living costs in conjunction for sound decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Suffolk, 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 Suffolk, 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 Suffolk is a financially viable option for your relocation.