Cost of Living in Drakes Branch, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
52.1
100 = national avg
-47.9 vs national average
Living Wage (1 Adult)
$22,915
per year
Living Wage (Family of 4)
$54,163
per year
Cost Index by Category
Housing54.7
Food65.0
Transportation30.0
Healthcare72.0
Utilities69.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$697
per month
2 Bedroom
$914
per month
The overall cost of living index in Drakes Branch is 52.1, which is 47.9% below the national average. Housing costs are below the national average at an index of 54.7. A single adult needs to earn approximately $22,915 per year to cover basic expenses.