Cost of Living in Timberlake, VA

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

Cost of Living Overview

Overall Index

103.5

100 = national avg

+3.5 vs national average

Living Wage (1 Adult)

$45,536

per year

Living Wage (Family of 4)

$107,631

per year

Cost Index by Category

Housing
108.2
Food
102.6
Transportation
92.9
Healthcare
102.1
Utilities
103.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,033

per month

2 Bedroom

$1,187

per month

The overall cost of living index in Timberlake is 103.5, which is 3.5% above the national average. Housing costs are above the national average at an index of 108.2. A single adult needs to earn approximately $45,536 per year to cover basic expenses.