Cost of Living in Castlewood, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.5
100 = national avg
-12.5 vs national average
Living Wage (1 Adult)
$38,509
per year
Living Wage (Family of 4)
$91,021
per year
Cost Index by Category
Housing78.1
Food95.1
Transportation90.1
Healthcare96.1
Utilities92.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$748
per month
2 Bedroom
$914
per month
The overall cost of living index in Castlewood is 87.5, which is 12.5% below the national average. Housing costs are below the national average at an index of 78.1. A single adult needs to earn approximately $38,509 per year to cover basic expenses.