Cost of Living in Waterford, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
282.5
100 = national avg
+182.5 vs national average
Living Wage (1 Adult)
$124,280
per year
Living Wage (Family of 4)
$293,753
per year
Cost Index by Category
Housing400.0
Transportation69.8
Utilities190.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Waterford is 282.5, which is 182.5% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $124,280 per year to cover basic expenses.