Cost of Living in Cheriton, VA

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

Cost of Living Overview

Overall Index

64.5

100 = national avg

-35.5 vs national average

Living Wage (1 Adult)

$28,386

per year

Living Wage (Family of 4)

$67,095

per year

Cost Index by Category

Housing
56.1
Food
78.4
Transportation
56.8
Healthcare
82.7
Utilities
78.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$723

per month

2 Bedroom

$949

per month

The overall cost of living index in Cheriton is 64.5, which is 35.5% below the national average. Housing costs are below the national average at an index of 56.1. A single adult needs to earn approximately $28,386 per year to cover basic expenses.