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Cost of Living
The cost of living is more than 20 percent lower than the U.S. average. Home purchases run 30 percent lower, with the median cost at $120,000. Construction costs vary from $75 to $185 per square foot. Land costs run $90 to $100 per square foot.
BVU’s advanced broadband services are more affordable than other national providers. And electricity, water and sewer services – also through BVU – average $2,526 annually, compared to $3,196 nationally.
Bristol’s overall cost of living index is 79.1 compared to the national average of 100. |
Cost of Living Index Comparison
* From Sperling’s BestPlaces data |
| Bristol, VA |
79.1 |
| Nashville, TN |
85.4 |
| Austin, TX |
89.5 |
| Charlotte, NC |
90.5 |
| Durham, NC |
94.3 |
| Atlanta, GA |
94.7 |
| Boston, MS |
140.1 |
| Fairfax, VA |
151 |
Mean travel time to work: 18 minutes
Nearest city with pop. 50,000+: Johnson City, TN (23.4 miles, pop. 55,469).
Nearest city with pop. 200,000+: Charlotte, NC (134.1 miles, pop. 540,828).
Nearest city with pop. 1,000,000+: Chicago, IL (523.2 miles, pop. 2,896,016).
Elevation: 1,700 feet
Land area: 12.9 square miles
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