Cost of Living in Raven, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.4
100 = national avg
-34.6 vs national average
Living Wage (1 Adult)
$28,777
per year
Living Wage (Family of 4)
$68,017
per year
Cost Index by Category
Housing60.5
Food77.6
Transportation55.1
Healthcare82.1
Utilities78.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$732
per month
2 Bedroom
$914
per month
The overall cost of living index in Raven is 65.4, which is 34.6% below the national average. Housing costs are below the national average at an index of 60.5. A single adult needs to earn approximately $28,777 per year to cover basic expenses.