Cost of Living in Ivanhoe, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
64.1
100 = national avg
-35.9 vs national average
Living Wage (1 Adult)
$28,225
per year
Living Wage (Family of 4)
$66,715
per year
Cost Index by Category
Housing44.9
Food78.5
Transportation81.5
Healthcare82.8
Utilities76.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$762
per month
2 Bedroom
$914
per month
The overall cost of living index in Ivanhoe is 64.1, which is 35.9% below the national average. Housing costs are below the national average at an index of 44.9. A single adult needs to earn approximately $28,225 per year to cover basic expenses.