Cost of Living in University of Virginia, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.5
100 = national avg
+12.5 vs national average
Living Wage (1 Adult)
$49,505
per year
Living Wage (Family of 4)
$117,011
per year
Cost Index by Category
Housing174.5
Food84.1
Transportation62.2
Healthcare87.3
Utilities105.4
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 University of Virginia is 112.5, which is 12.5% above the national average. Housing costs are above the national average at an index of 174.5. A single adult needs to earn approximately $49,505 per year to cover basic expenses.