Cost of Living in New Market, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.6
100 = national avg
-13.4 vs national average
Living Wage (1 Adult)
$38,112
per year
Living Wage (Family of 4)
$90,084
per year
Cost Index by Category
Housing95.9
Food86.7
Transportation73.3
Healthcare89.3
Utilities91.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$855
per month
2 Bedroom
$1,091
per month
The overall cost of living index in New Market is 86.6, which is 13.4% below the national average. Housing costs are below the national average at an index of 95.9. A single adult needs to earn approximately $38,112 per year to cover basic expenses.