Cost of Living in Claremont, VA

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

Cost of Living Overview

Overall Index

89.2

100 = national avg

-10.8 vs national average

Living Wage (1 Adult)

$39,241

per year

Living Wage (Family of 4)

$92,752

per year

Cost Index by Category

Housing
96.0
Food
89.5
Transportation
79.0
Healthcare
91.6
Utilities
92.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$920

per month

2 Bedroom

$1,039

per month

The overall cost of living index in Claremont is 89.2, which is 10.8% below the national average. Housing costs are below the national average at an index of 96.0. A single adult needs to earn approximately $39,241 per year to cover basic expenses.