Cost of Living in Chester, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
135.0
100 = national avg
+35.0 vs national average
Living Wage (1 Adult)
$59,397
per year
Living Wage (Family of 4)
$140,393
per year
Cost Index by Category
Housing152.2
Food117.6
Transportation135.2
Healthcare114.1
Utilities121.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,507
per month
2 Bedroom
$1,655
per month
The overall cost of living index in Chester is 135.0, which is 35.0% above the national average. Housing costs are above the national average at an index of 152.2. A single adult needs to earn approximately $59,397 per year to cover basic expenses.