Moving to New River Valley from New York City (Manhattan)
For people leaving New York City (Manhattan), Southwest Virginia is one of the better-value places to land. Housing and taxes cost a good deal less here, and you're right next to the Blue Ridge.
New York City's top income tax rate is 9.7% versus Virginia's 5.75%, and property taxes run about 0.90% there versus roughly 1% across the region. On a $212,500 home that's a meaningful annual difference.
Cost of living & housing
Overall costs run about 62% lower here than in New York City (Manhattan). It takes only about $76,522 here to match a $200,000 lifestyle there. The $212,500 median home here would run on the order of $561,782 back in New York City (Manhattan).
Where to live
For a first pass, compare both the numbers and the lifestyle fit. These are useful starting points before you narrow to specific homes.