Cost of Living in Hollins, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.5
100 = national avg
+9.5 vs national average
Living Wage (1 Adult)
$48,161
per year
Living Wage (Family of 4)
$113,835
per year
Cost Index by Category
Housing118.8
Food106.2
Transportation92.0
Healthcare105.0
Utilities107.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,053
per month
2 Bedroom
$1,254
per month
The overall cost of living index in Hollins is 109.5, which is 9.5% above the national average. Housing costs are above the national average at an index of 118.8. A single adult needs to earn approximately $48,161 per year to cover basic expenses.