Housing costs in Montvale?
A typical home costs
$204,900, which is 39.4% less expensive than the national average of
$338,100 and 40.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Montvale costs
$840 per month, which is 40.0% cheaper than the national average of
$1,400 and 10.7% cheaper than the state average of
$930.
Can I afford Montvale?
To live comfortably in Montvale (zip 24122), Virginia, a minimum annual income of
$39,240 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Montvale?
The cost of living in 24122 Montvale, VA is quite high. According to BestPlaces, the city has an overall cost of living index rating of 152, which is much higher than the national average of 100. The cost of housing specifically is rated at a staggering 233, making it one of the most expensive cities in the country for housing. However, there are more affordable options available outside of Montvale for those looking to save money on rent and other costs. Additionally, the median household income in Montvale is around $110k compared to the national average of $57k, so many residents can afford high housing costs.