Cost of Living in Fincastle, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.4
100 = national avg
+2.4 vs national average
Living Wage (1 Adult)
$45,047
per year
Living Wage (Family of 4)
$106,474
per year
Cost Index by Category
Housing109.5
Food98.7
Transportation97.5
Healthcare99.0
Utilities101.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,053
per month
2 Bedroom
$1,254
per month
The overall cost of living index in Fincastle is 102.4, which is 2.4% above the national average. Housing costs are above the national average at an index of 109.5. A single adult needs to earn approximately $45,047 per year to cover basic expenses.