Cost of Living in Montrose, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.3
100 = national avg
-8.7 vs national average
Living Wage (1 Adult)
$40,153
per year
Living Wage (Family of 4)
$94,907
per year
Cost Index by Category
Housing113.8
Food84.4
Transportation68.9
Healthcare87.6
Utilities93.4
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 Montrose is 91.3, which is 8.7% below the national average. Housing costs are above the national average at an index of 113.8. A single adult needs to earn approximately $40,153 per year to cover basic expenses.