Cost of Living in Troutville, VA

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

Cost of Living Overview

Overall Index

99.9

100 = national avg

-0.1 vs national average

Living Wage (1 Adult)

$43,972

per year

Living Wage (Family of 4)

$103,933

per year

Cost Index by Category

Housing
119.5
Food
91.8
Transportation
83.6
Healthcare
93.5
Utilities
99.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,053

per month

2 Bedroom

$1,254

per month

The overall cost of living index in Troutville is 99.9, which is 0.1% below the national average. Housing costs are above the national average at an index of 119.5. A single adult needs to earn approximately $43,972 per year to cover basic expenses.