Cost of Living in Gloucester Point, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.6
100 = national avg
+12.6 vs national average
Living Wage (1 Adult)
$49,550
per year
Living Wage (Family of 4)
$117,119
per year
Cost Index by Category
Housing122.7
Food104.7
Transportation109.4
Healthcare103.8
Utilities107.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,512
per month
2 Bedroom
$1,713
per month
The overall cost of living index in Gloucester Point is 112.6, which is 12.6% above the national average. Housing costs are above the national average at an index of 122.7. A single adult needs to earn approximately $49,550 per year to cover basic expenses.