Cost of Living in Springville, VA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

69.3

100 = national avg

-30.7 vs national average

Living Wage (1 Adult)

$30,476

per year

Living Wage (Family of 4)

$72,034

per year

Cost Index by Category

Housing
55.8
Food
83.8
Transportation
67.7
Healthcare
87.1
Utilities
81.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$732

per month

2 Bedroom

$914

per month

The overall cost of living index in Springville is 69.3, which is 30.7% below the national average. Housing costs are below the national average at an index of 55.8. A single adult needs to earn approximately $30,476 per year to cover basic expenses.