Cost of Living in Collinsville, VA

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

Cost of Living Overview

Overall Index

78.3

100 = national avg

-21.7 vs national average

Living Wage (1 Adult)

$34,450

per year

Living Wage (Family of 4)

$81,428

per year

Cost Index by Category

Housing
68.8
Food
88.6
Transportation
77.1
Healthcare
90.9
Utilities
86.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$753

per month

2 Bedroom

$914

per month

The overall cost of living index in Collinsville is 78.3, which is 21.7% below the national average. Housing costs are below the national average at an index of 68.8. A single adult needs to earn approximately $34,450 per year to cover basic expenses.