Housing costs in Lake of the Woods?
A typical home costs
$343,800, which is 1.7% more expensive than the national average of
$338,100 and 0.2% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lake of the Woods costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and close to the state average of
$1,400.
Can I afford Lake of the Woods?
To live comfortably in Lake of the Woods, Virginia, a minimum annual income of
$65,880 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Lake of the Woods?
The cost of living in Lake of the Woods, VA is relatively low compared to many other places in the United States. According to BestPlaces, the cost-of-living index for Lake of the Woods is about 15 percent lower than the US average. This makes it a great option for those looking to live in an area with a more affordable cost of living. In addition, Lake of the Woods offers plenty of amenities and activities that are sure to keep you entertained year round. From fishing and outdoor recreation to dining and shopping opportunities, Lake of the Woods has something for everyone.