Cost of Living in Lynchburg, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.9
100 = national avg
-0.1 vs national average
Living Wage (1 Adult)
$43,961
per year
Living Wage (Family of 4)
$103,909
per year
Cost Index by Category
Housing110.1
Food95.7
Transportation91.4
Healthcare96.6
Utilities99.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,033
per month
2 Bedroom
$1,187
per month
The overall cost of living index in Lynchburg is 99.9, which is 0.1% below the national average. Housing costs are above the national average at an index of 110.1. A single adult needs to earn approximately $43,961 per year to cover basic expenses.