Cost of Living in Bassett, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.9
100 = national avg
-25.1 vs national average
Living Wage (1 Adult)
$32,937
per year
Living Wage (Family of 4)
$77,851
per year
Cost Index by Category
Housing75.1
Food82.1
Transportation64.2
Healthcare85.7
Utilities84.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$753
per month
2 Bedroom
$914
per month
The overall cost of living index in Bassett is 74.9, which is 25.1% below the national average. Housing costs are below the national average at an index of 75.1. A single adult needs to earn approximately $32,937 per year to cover basic expenses.