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Cost of Living in Fieldale, VA (24089)

Executive Financial Report: Fieldale (24089)

Evaluating relocation options in Henry? The financial benchmark for residing in Fieldale, VA (24089) indicates that a single worker needs roughly $2,839 monthly ($34,073.622 annually) to maintain an adequate standard of living.

With typical rent and housing utilities averaging an affordable $516 per month—just 18% of baseline expenses—Fieldale offers exceptionally competitive housing costs compared to wider metropolitan averages across Virginia.

Local earnings in Fieldale (24089) demonstrate strong purchasing power. The area median family income of $51,320 significantly exceeds the annual baseline living threshold ($34,073.622) by a ratio of 1.51x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.

Tax obligations represent roughly 16% ($453/month) of baseline monthly spending in zip code 24089. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $243 monthly for single adults.

In summary, living in Fieldale, VA requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 24089 against other US destinations.

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Total Monthly Cost$2,840Est. $34,074 / year
Housing / Rent$51618.2% of monthly budget
Food & Groceries$243Essential food benchmarks
Area Median Income$51,320Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$516
Food$243
Transportation$911
Healthcare$442
Taxes$453
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