Cost of Living in Sherando, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.1
100 = national avg
+2.1 vs national average
Living Wage (1 Adult)
$44,921
per year
Living Wage (Family of 4)
$106,176
per year
Cost Index by Category
Housing100.0
Food102.9
Transportation102.3
Healthcare102.3
Utilities101.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,095
per month
2 Bedroom
$1,261
per month
The overall cost of living index in Sherando is 102.1, which is 2.1% above the national average. Housing costs are below the national average at an index of 100.0. A single adult needs to earn approximately $44,921 per year to cover basic expenses.