Cost of Living in Cleveland, VA

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

Cost of Living Overview

Overall Index

56.4

100 = national avg

-43.6 vs national average

Living Wage (1 Adult)

$24,837

per year

Living Wage (Family of 4)

$58,705

per year

Cost Index by Category

Housing
53.8
Food
70.3
Transportation
40.6
Healthcare
76.2
Utilities
72.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$748

per month

2 Bedroom

$914

per month

The overall cost of living index in Cleveland is 56.4, which is 43.6% below the national average. Housing costs are below the national average at an index of 53.8. A single adult needs to earn approximately $24,837 per year to cover basic expenses.