Cost of Living in Montvale, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.7
100 = national avg
-15.3 vs national average
Living Wage (1 Adult)
$37,283
per year
Living Wage (Family of 4)
$88,123
per year
Cost Index by Category
Housing102.3
Food81.9
Transportation63.8
Healthcare85.5
Utilities89.6
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 Montvale is 84.7, which is 15.3% below the national average. Housing costs are above the national average at an index of 102.3. A single adult needs to earn approximately $37,283 per year to cover basic expenses.