Cost of Living in Rio, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
131.2
100 = national avg
+31.2 vs national average
Living Wage (1 Adult)
$57,723
per year
Living Wage (Family of 4)
$136,437
per year
Cost Index by Category
Housing183.8
Food100.2
Transportation100.4
Healthcare100.2
Utilities116.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,602
per month
2 Bedroom
$1,824
per month
The overall cost of living index in Rio is 131.2, which is 31.2% above the national average. Housing costs are above the national average at an index of 183.8. A single adult needs to earn approximately $57,723 per year to cover basic expenses.