Cost of Living in Gratton, VA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

114.4

100 = national avg

+14.4 vs national average

Living Wage (1 Adult)

$50,334

per year

Living Wage (Family of 4)

$118,971

per year

Cost Index by Category

Housing
53.5
Food
135.5
Transportation
171.0
Healthcare
128.4
Utilities
112.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$732

per month

2 Bedroom

$914

per month

The overall cost of living index in Gratton is 114.4, which is 14.4% above the national average. Housing costs are below the national average at an index of 53.5. A single adult needs to earn approximately $50,334 per year to cover basic expenses.