Cost of Living in Roanoke city, VA
What does it cost to live in Roanoke city? Income, housing, and affordability breakdown.
Median Income
$51,523
Median Rent
$917/mo
Median Home
$162,000
Affordability
423
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Roanoke city, Virginia
Roanoke city has a median household income of $51,523 with housing costs that represent 23.7% of income for owners and 21.4% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 423 (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.
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