Cost of Living in Independent Hill, VA

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

Cost of Living Overview

Overall Index

256.4

100 = national avg

+156.4 vs national average

Living Wage (1 Adult)

$112,837

per year

Living Wage (Family of 4)

$266,707

per year

Cost Index by Category

Housing
269.7
Food
200.0
Transportation
312.6
Healthcare
185.0
Utilities
197.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in Independent Hill is 256.4, which is 156.4% above the national average. Housing costs are above the national average at an index of 269.7. A single adult needs to earn approximately $112,837 per year to cover basic expenses.