Cave Spring, VA Cost Of Living
Cave Spring's Overall Cost Of Living
Lower Than The National Average
In Virginia
In America
What is the cost of living in Cave Spring, VA?
According to the most recent data on the cost of living, Cave Spring has an overall cost of living index of 98 which is 1.0x lower than the national index of 100.
Compared to only Virginia, Cave Spring has a cost of living index that's 0.9x lower than Virginia's index of 106.
The standard of living in Cave Spring ranks as #2,890 most affordable out of the 6,418 places we measured in Virginia. By definition, that implies Cave Spring ranks as the #3,528 most expensive place in the Old Dominion.
Cave Spring Cost Of Living Vs. Virginia
| Living Expense | Cave Spring | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 98 | 106 | 100 | |
| Services | 91 | 99 | 100 | |
| Groceries | 87 | 98 | 100 | |
| Health | 99 | 98 | 100 | |
| Housing | 106 | 131 | 100 | |
| Transportation | 93 | 93 | 100 | |
| Utilities | 97 | 96 | 100 | |
Cave Spring, VA Housing Cost Breakdown
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.
Median Home Value
Median Rent
Median Income
| Statistic | Cave Spring | Virginia | United States |
|---|---|---|---|
| Median Home Value | $224,700 | $282,800 | $229,800 |
| Median Rent | $977 | $1,257 | $1,096 |
| Median Income | $68,225 | $76,398 | $64,994 |
| Home Value To Income | 3.3x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Detailed Cave Spring Services Costs Vs. Virginia
| Item | Cave Spring | Virginia |
|---|---|---|
| Shampoo | $0.89 | $1.06 |
| Movie | $10.33 | $10.68 |
| Bowling | $15.42 | $14.67 |
Detailed Cave Spring Groceries Costs Vs. Virginia
| Item | Cave Spring | Virginia |
|---|---|---|
| Ground Beef | $3.44 | $4.22 |
| Fried Chicken | $1.0 | $1.39 |
| Milk | $1.78 | $2.05 |
Detailed Cave Spring Health Costs Vs. Virginia
| Item | Cave Spring | Virginia |
|---|---|---|
| Haircut | $13.78 | $18.62 |
| Beauty Salon | $32.1 | $39.05 |
| Toothpaste | $1.74 | $2.34 |
Detailed Cave Spring Transportation Costs Vs. Virginia
| Item | Cave Spring | Virginia |
|---|---|---|
| Potatoes | $2.84 | $3.29 |
| Pizza | $9.76 | $10.62 |
| Beer | $9.86 | $9.38 |
| Optometrist | $92.0 | $108.57 |
| Doctor | $102.48 | $116.17 |
| Dentist | $116.0 | $99.13 |
Detailed Cave Spring Utilities Costs Vs. Virginia
| Item | Cave Spring | Virginia |
|---|---|---|
| Gasoline | $2.08 | $2.22 |
| Tire Balancing | $44.96 | $50.07 |
| All Electricity | $168.56 | $167.67 |
| Phone | $177.97 | $175.64 |
Cave Spring SnackAbility
/10
Cost Of Living In Cities Around Cave Spring
| City | Population | Cost Of Living | Vs. Cave Spring |
|---|---|---|---|
| Roanoke, VA | 99,122 | 87 | 0.9x |
| Lynchburg, VA | 80,970 | 88 | 0.9x |
| Blacksburg, VA | 44,395 | 107 | 1.1x |
| Salem, VA | 25,290 | 93 | 0.9x |
| Christiansburg, VA | 22,482 | 94 | 1.0x |
| Radford, VA | 17,833 | 91 | 0.9x |
| Hollins, VA | 15,113 | 92 | 0.9x |
| Timberlake, VA | 13,130 | 93 | 0.9x |
| Vinton, VA | 8,102 | 85 | 0.9x |
| Lexington, VA | 7,205 | 102 | 1.0x |
