Housing in the Roanoke Valley remains both affordable and varied. From exquisite executive housing with mountain top views to comfortable starter homes; older neighborhoods to upscale new subdivisions; farm houses to lake front, there is a home for every lifestyle. The ACCRA Cost of Living housing component is based on the cost of a 2-bedroom, unfurnished apartment, the total purchase price of a 2,400 sq.ft. new house, 8,000, the mortgage rate and the monthly payment 
| | | City | Index | | Roanoke | 84.3 | | Raleigh | 98.3 | | Richmond | 109.8 | | Washington, DC | 212.0 | | Boston | 159.7 | | Philadelphia | 145.8 | | San Diego | 217.5 |
(The National Average is 100) Source: ACCRA Cost of Living Survey, 2nd Quarter 2007 |