Cost of Living in Galax, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.4
100 = national avg
-27.6 vs national average
Living Wage (1 Adult)
$31,873
per year
Living Wage (Family of 4)
$75,335
per year
Cost Index by Category
Housing69.6
Food81.7
Transportation63.3
Healthcare85.3
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$770
per month
2 Bedroom
$914
per month
The overall cost of living index in Galax is 72.4, which is 27.6% below the national average. Housing costs are below the national average at an index of 69.6. A single adult needs to earn approximately $31,873 per year to cover basic expenses.