Cost of Living in Winchester, VA
Housing
The housing market plays a significant role in determining the cost of living in Winchester, VA.
- Housing Index: 115.0 / 100
- Median Home Price is: $348,000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
Analyzing the real estate data for Winchester, VA reveals a housing index of 115.0, indicating a moderately active market. The median home price stands at 348000, which may suggest limited affordability for many buyers. Meanwhile, rental options reflect an average rent of 1500 for a 2-bedroom apartment and 1600 for a 2-bedroom house, showing a competitive rental market. Potential movers should consider their financial capacity as well as their long-term housing plans, noting that these trends echo significant local job growth and amenities typically seen in Winchester.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Winchester, 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 Winchester, 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 Winchester is a financially viable option for your relocation.