Cost of Living in Boston, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.4
100 = national avg
-16.6 vs national average
Living Wage (1 Adult)
$36,709
per year
Living Wage (Family of 4)
$86,767
per year
Cost Index by Category
Housing57.4
Food93.2
Transportation121.3
Healthcare94.6
Utilities87.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$856
per month
2 Bedroom
$1,054
per month
The overall cost of living index in Boston is 83.4, which is 16.6% below the national average. Housing costs are below the national average at an index of 57.4. A single adult needs to earn approximately $36,709 per year to cover basic expenses.