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COMMUNITY DATA

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COST OF DOING BUSINESS

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Housing Costs

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

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CityIndex
Roanoke84.3
Raleigh98.3
Richmond109.8
Washington, DC 212.0
Boston159.7
Philadelphia145.8
San Diego 217.5

(The National Average is 100)
Source: ACCRA Cost of Living Survey, 2nd Quarter 2007

Featured Partners

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Roanoke Valley Economic Development Partnership
111 Franklin Plaza, Suite 333
Roanoke, VA  24011
1-800-LOCATE2
540-343-1550
540-344-6096 (fax)
www.roanoke.org
rvedp@roanoke.org

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