According to the most recent data on the cost of living, Big Stone Gap has an overall cost of living index of 84 which is 0.8x lower than the national index of 100.
Compared to only Virginia, Big Stone Gap has a cost of living index that's 0.8x lower than Virginia's index of 106.
The standard of living in Big Stone Gap ranks as #629 most affordable out of the 6,418 places we measured in Virginia. By definition, that implies Big Stone Gap ranks as the #5,789 most expensive place in the Old Dominion.
Living Expense | Big Stone Gap | Virginia | National Average | |
---|---|---|---|---|
Overall | 84 | 106 | 100 | |
Services | 96 | 99 | 100 | |
Groceries | 97 | 98 | 100 | |
Health | 92 | 98 | 100 | |
Housing | 64 | 131 | 100 | |
Transportation | 82 | 93 | 100 | |
Utilities | 86 | 96 | 100 |
Housing swings affordability the most between places in Virginia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Big Stone Gap | Virginia | United States |
---|---|---|---|
Median Home Value | $127,200 | $282,800 | $229,800 |
Median Rent | $634 | $1,257 | $1,096 |
Median Income | $39,919 | $76,398 | $64,994 |
Home Value To Income | 3.2x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Big Stone Gap | Virginia |
---|---|---|
Shampoo | $0.9 | $1.06 |
Movie | $8.99 | $10.68 |
Bowling | $18.41 | $14.67 |
Item | Big Stone Gap | Virginia |
---|---|---|
Ground Beef | $4.74 | $4.22 |
Fried Chicken | $1.11 | $1.39 |
Milk | $2.04 | $2.05 |
Item | Big Stone Gap | Virginia |
---|---|---|
Haircut | $19.58 | $18.62 |
Beauty Salon | $30.41 | $39.05 |
Toothpaste | $2.6 | $2.34 |
Item | Big Stone Gap | Virginia |
---|---|---|
Potatoes | $3.59 | $3.29 |
Pizza | $12.17 | $10.62 |
Beer | $10.2 | $9.38 |
Optometrist | $83.87 | $108.57 |
Doctor | $90.86 | $116.17 |
Dentist | $96.5 | $99.13 |
Item | Big Stone Gap | Virginia |
---|---|---|
Gasoline | $1.85 | $2.22 |
Tire Balancing | $38.0 | $50.07 |
All Electricity | $119.46 | $167.67 |
Phone | $184.96 | $175.64 |
City | Population | Cost Of Living | Vs. Big Stone Gap |
---|---|---|---|
Kingsport, TN | 53,699 | 85 | 1.0x |
Bristol, TN | 26,973 | 83 | 1.0x |
Greeneville, TN | 14,938 | 83 | 1.0x |
Elizabethton, TN | 13,568 | 87 | 1.0x |
Bloomingdale, TN | 9,428 | 81 | 1.0x |
Church Hill, TN | 6,664 | 86 | 1.0x |
Pikeville, KY | 6,642 | 90 | 1.1x |
Jonesborough, TN | 5,539 | 94 | 1.1x |
Mount Carmel, TN | 5,297 | 88 | 1.0x |