Cost of Living in Merrimac, VA

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

Cost of Living Overview

Overall Index

87.9

100 = national avg

-12.1 vs national average

Living Wage (1 Adult)

$38,671

per year

Living Wage (Family of 4)

$91,404

per year

Cost Index by Category

Housing
86.0
Food
92.2
Transportation
84.4
Healthcare
93.8
Utilities
92.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$993

per month

2 Bedroom

$1,271

per month

The overall cost of living index in Merrimac is 87.9, which is 12.1% below the national average. Housing costs are below the national average at an index of 86.0. A single adult needs to earn approximately $38,671 per year to cover basic expenses.