Cost of Living in Charlottesville, VA

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

Cost of Living Overview

Overall Index

134.4

100 = national avg

+34.4 vs national average

Living Wage (1 Adult)

$59,155

per year

Living Wage (Family of 4)

$139,821

per year

Cost Index by Category

Housing
185.0
Food
103.4
Transportation
106.7
Healthcare
102.7
Utilities
119.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,602

per month

2 Bedroom

$1,824

per month

The overall cost of living index in Charlottesville is 134.4, which is 34.4% above the national average. Housing costs are above the national average at an index of 185.0. A single adult needs to earn approximately $59,155 per year to cover basic expenses.