Cost of Living in Ridgeway, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.7
100 = national avg
-12.3 vs national average
Living Wage (1 Adult)
$38,603
per year
Living Wage (Family of 4)
$91,242
per year
Cost Index by Category
Housing75.1
Food96.6
Transportation93.2
Healthcare97.3
Utilities93.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$753
per month
2 Bedroom
$914
per month
The overall cost of living index in Ridgeway is 87.7, which is 12.3% below the national average. Housing costs are below the national average at an index of 75.1. A single adult needs to earn approximately $38,603 per year to cover basic expenses.