Cost of Living in Charlotte Court House, VA
Population: 662 | Virginia
Charlotte Court House is 26% less expensive than the national average.
Cost of Living in Charlotte Court House, VA: What You Need to Know
With a cost of living index of 74, Charlotte Court House, VA is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and 30% below the Virginia state average of 104. Charlotte Court House is a small community of 662 residents.
Housing costs are the biggest factor in Charlotte Court House's cost of living. The median monthly rent is $883 (33% below the US median of $1,319), and the median home value sits at $155,000 (49% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.
The median household income in Charlotte Court House is $79,167, which is 5% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $79,167
- vs US Median ($75,149)
- +5%
Housing
- Median Rent
- $883/mo
- Median Home Value
- $155,000
- Median Monthly Housing Cost
- $1,045/mo