Cost of Living in Boones Mill, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.9
100 = national avg
+3.9 vs national average
Living Wage (1 Adult)
$45,729
per year
Living Wage (Family of 4)
$108,086
per year
Cost Index by Category
Housing93.7
Food107.0
Transportation114.1
Healthcare105.6
Utilities103.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$861
per month
2 Bedroom
$944
per month
The overall cost of living index in Boones Mill is 103.9, which is 3.9% above the national average. Housing costs are below the national average at an index of 93.7. A single adult needs to earn approximately $45,729 per year to cover basic expenses.