Cost of Living in Deerfield, VA

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

Cost of Living Overview

Overall Index

107.9

100 = national avg

+7.9 vs national average

Living Wage (1 Adult)

$47,458

per year

Living Wage (Family of 4)

$112,174

per year

Cost Index by Category

Housing
81.3
Transportation
178.8
Utilities
94.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,095

per month

2 Bedroom

$1,261

per month

The overall cost of living index in Deerfield is 107.9, which is 7.9% above the national average. Housing costs are below the national average at an index of 81.3. A single adult needs to earn approximately $47,458 per year to cover basic expenses.