Cost of Living in Floyd, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.6
100 = national avg
-9.4 vs national average
Living Wage (1 Adult)
$39,872
per year
Living Wage (Family of 4)
$94,242
per year
Cost Index by Category
Housing91.4
Food97.6
Transportation68.1
Healthcare98.1
Utilities96.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$834
per month
2 Bedroom
$1,094
per month
The overall cost of living index in Floyd is 90.6, which is 9.4% below the national average. Housing costs are below the national average at an index of 91.4. A single adult needs to earn approximately $39,872 per year to cover basic expenses.