Cost of Living in Fredericksburg, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
145.8
100 = national avg
+45.8 vs national average
Living Wage (1 Adult)
$64,155
per year
Living Wage (Family of 4)
$151,640
per year
Cost Index by Category
Housing187.1
Food115.2
Transportation130.5
Healthcare112.2
Utilities126.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Fredericksburg is 145.8, which is 45.8% above the national average. Housing costs are above the national average at an index of 187.1. A single adult needs to earn approximately $64,155 per year to cover basic expenses.