Cave Spring, VA Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
98
Cave Spring's Overall Cost Of Living
1.0x
Lower Than The National Average
43 out of 186
In Virginia
2,890 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Cave Spring is expensive, while a number below 100 means it's a relatively cheap place to live.

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.

For more reading on life in Cave Spring, check out:

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
For more reading on cost of living around Virginia, check out:
Cave Spring Cost of Living Vs. VA

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.

$224,700
Median Home Value
$977
Median Rent
$68,225
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

7.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
8
Safety
N/A
Amenities
9
Education
9
Commute
8

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

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