Cost of Living in King William, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
163.2
100 = national avg
+63.2 vs national average
Living Wage (1 Adult)
$71,826
per year
Living Wage (Family of 4)
$169,772
per year
Cost Index by Category
Housing128.0
Transportation282.0
Utilities108.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,507
per month
2 Bedroom
$1,655
per month
The overall cost of living index in King William is 163.2, which is 63.2% above the national average. Housing costs are above the national average at an index of 128.0. A single adult needs to earn approximately $71,826 per year to cover basic expenses.