Cost of Living in New River, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.0
100 = national avg
-25.0 vs national average
Living Wage (1 Adult)
$33,000
per year
Living Wage (Family of 4)
$78,000
per year
Cost Index by Category
Housing69.5
Food80.0
Transportation87.5
Healthcare84.0
Utilities81.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$840
per month
2 Bedroom
$921
per month
The overall cost of living index in New River is 75.0, which is 25.0% below the national average. Housing costs are below the national average at an index of 69.5. A single adult needs to earn approximately $33,000 per year to cover basic expenses.