Cost of Living in Pennington Gap, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.0
100 = national avg
-41.0 vs national average
Living Wage (1 Adult)
$25,953
per year
Living Wage (Family of 4)
$61,342
per year
Cost Index by Category
Housing67.4
Food67.5
Transportation34.9
Healthcare74.0
Utilities74.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$697
per month
2 Bedroom
$914
per month
The overall cost of living index in Pennington Gap is 59.0, which is 41.0% below the national average. Housing costs are below the national average at an index of 67.4. A single adult needs to earn approximately $25,953 per year to cover basic expenses.