Cost of Living in New Baltimore, VA

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

Cost of Living Overview

Overall Index

266.1

100 = national avg

+166.1 vs national average

Living Wage (1 Adult)

$117,084

per year

Living Wage (Family of 4)

$276,744

per year

Cost Index by Category

Housing
331.6
Food
190.4
Transportation
280.8
Healthcare
172.3
Utilities
200.0

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 New Baltimore is 266.1, which is 166.1% above the national average. Housing costs are above the national average at an index of 331.6. A single adult needs to earn approximately $117,084 per year to cover basic expenses.