Cost of Living in Mount Vernon, VA

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

Cost of Living Overview

Overall Index

226.8

100 = national avg

+126.8 vs national average

Living Wage (1 Adult)

$99,810

per year

Living Wage (Family of 4)

$235,914

per year

Cost Index by Category

Housing
274.7
Food
169.9
Transportation
239.8
Healthcare
155.9
Utilities
176.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in Mount Vernon is 226.8, which is 126.8% above the national average. Housing costs are above the national average at an index of 274.7. A single adult needs to earn approximately $99,810 per year to cover basic expenses.