Cost of Living in Broadway, VA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

103.2

100 = national avg

+3.2 vs national average

Living Wage (1 Adult)

$45,407

per year

Living Wage (Family of 4)

$107,326

per year

Cost Index by Category

Housing
115.5
Food
97.1
Transportation
94.3
Healthcare
97.7
Utilities
101.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,057

per month

2 Bedroom

$1,322

per month

The overall cost of living index in Broadway is 103.2, which is 3.2% above the national average. Housing costs are above the national average at an index of 115.5. A single adult needs to earn approximately $45,407 per year to cover basic expenses.