Cost of Living in Chatham, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.2
100 = national avg
-7.8 vs national average
Living Wage (1 Adult)
$40,564
per year
Living Wage (Family of 4)
$95,879
per year
Cost Index by Category
Housing99.0
Food91.6
Transportation83.3
Healthcare93.3
Utilities94.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$738
per month
2 Bedroom
$914
per month
The overall cost of living index in Chatham is 92.2, which is 7.8% below the national average. Housing costs are below the national average at an index of 99.0. A single adult needs to earn approximately $40,564 per year to cover basic expenses.