Cost of Living in Radford city, VA

What does it cost to live in Radford city? Income, housing, and affordability breakdown.

Median Income

$51,039

Median Rent

$967/mo

Median Home

$204,700

Affordability

349

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,035
Property Tax$116
Insurance$68

Total Monthly$1,219
% of Income28.7%

Renting

Median Rent$967
Renter's Insurance$25

Total Monthly$992
% of Income22.7%

Living in Radford city, Virginia

Radford city has a median household income of $51,039 with housing costs that represent 28.7% of income for owners and 22.7% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 349 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

Compare Cost of Living Across Counties

Enter two locations and get a side-by-side comparison of housing, taxes, utilities, transportation, and overall affordability with salary adjustment calculations.

Start Free Comparison

Other Counties in Virginia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.