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Cost of Living in King and Queen County

Is it better to rent or buy in King and Queen County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$68,178
$1,020/mo

Median in area: $1,020

$233,274

Median in area: $233,274

$46,655

If you Rent

🔑
$1,230 /mo
Base Rent$1,020
Est. Utilities$210
% of Income21.6%
Pre-tax Residual$4,452

If you Buy

🏠
$1,637 /mo
P&I (6.994%)$1,241
Taxes & Ins$186
Est. Utilities$210
% of Income28.8%
Pre-tax Residual$4,045

Compare Nearby Areas

See how King and Queen County stacks up against neighboring areas.

countyMiddlesex County, VA
$982/mo
countyCaroline County, VA
$1,344/mo
countyGloucester County, VA
$1,171/mo
countyEssex County, VA
$1,053/mo
countyKing William County, VA
$1,106/mo

Cost of Living FAQs

Is it cheaper to rent or buy in King and Queen County?›

Based on median housing data, renting is currently more affordable on a monthly basis in King and Queen County. The estimated all-in monthly cost for renting is $1,230, while owning a median-priced home with a 20% down payment is roughly $1,637 per month (a difference of $407).

How much do utilities cost in King and Queen County?›

The average monthly utility cost (electricity and natural gas) for a typical home in King and Queen County is approximately $210. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in King and Queen County?›

To comfortably afford the median rent and utilities in King and Queen County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $49,200 per year.