Cost of Living in McKenney, VA

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

Cost of Living Overview

Overall Index

90.7

100 = national avg

-9.3 vs national average

Living Wage (1 Adult)

$39,921

per year

Living Wage (Family of 4)

$94,359

per year

Cost Index by Category

Housing
103.6
Food
88.1
Transportation
76.2
Healthcare
90.5
Utilities
93.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,507

per month

2 Bedroom

$1,655

per month

The overall cost of living index in McKenney is 90.7, which is 9.3% below the national average. Housing costs are above the national average at an index of 103.6. A single adult needs to earn approximately $39,921 per year to cover basic expenses.