Cost of Living in Newsoms, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.0
100 = national avg
-10.0 vs national average
Living Wage (1 Adult)
$39,617
per year
Living Wage (Family of 4)
$93,641
per year
Cost Index by Category
Housing96.6
Food90.2
Transportation80.5
Healthcare92.2
Utilities93.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$817
per month
2 Bedroom
$1,051
per month
The overall cost of living index in Newsoms is 90.0, which is 10.0% below the national average. Housing costs are below the national average at an index of 96.6. A single adult needs to earn approximately $39,617 per year to cover basic expenses.