Cost of Living in Mount Hermon, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
116.2
100 = national avg
+16.2 vs national average
Living Wage (1 Adult)
$51,113
per year
Living Wage (Family of 4)
$120,814
per year
Cost Index by Category
Housing111.4
Food113.4
Transportation126.9
Healthcare110.7
Utilities110.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$738
per month
2 Bedroom
$914
per month
The overall cost of living index in Mount Hermon is 116.2, which is 16.2% above the national average. Housing costs are above the national average at an index of 111.4. A single adult needs to earn approximately $51,113 per year to cover basic expenses.