Cost of Living in Gate City, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.7
100 = national avg
-27.3 vs national average
Living Wage (1 Adult)
$31,999
per year
Living Wage (Family of 4)
$75,634
per year
Cost Index by Category
Housing69.4
Food78.4
Transportation78.4
Healthcare82.7
Utilities80.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$818
per month
2 Bedroom
$1,044
per month
The overall cost of living index in Gate City is 72.7, which is 27.3% below the national average. Housing costs are below the national average at an index of 69.4. A single adult needs to earn approximately $31,999 per year to cover basic expenses.