Collinsville, VA Cost Of Living

The latest cost of living statistics for Collinsville. Includes statistics on rent, mortgages, healthcare, and other costs for Collinsville compared to the state and national averages.

Cost of living in Collinsville, Virginia

Cost of living in Collinsville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Collinsville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

90 Cost of living index 0.9x lower vs US
#9 Cheapest in Virginia (of 188)
#1,055 Cheapest in the U.S. (of 6,489)
$164,704 Median home value
$746 Median rent
$52,158 Median income
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What is the cost of living in Collinsville, VA?

According to the most recent data on the cost of living, Collinsville has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Virginia, Collinsville has a cost of living index that's 0.8x lower than Virginia's index of 112.

The standard of living in Collinsville ranks as #9 most affordable out of the 188 places we measured in Virginia. By definition, that implies Collinsville ranks as the #179 most expensive place in the Old Dominion.

For more reading on life in Collinsville, check out:

Collinsville Cost Of Living Vs. Virginia

Six factors go into calculating the cost of living index in Collinsville. Here is how it fares on each of the criteria:

  • The Services index in Collinsville is 104.

  • The Groceries index in Collinsville is 103.

  • The Health index in Collinsville is 57.

  • The Housing index in Collinsville is 105.

  • The Transportation index in Collinsville is 102.

  • The Utilities index in Collinsville is 103.

Living Expense Collinsville Virginia National Average
Overall 90 112 100
Services 104 103 100
Groceries 103 104 100
Health 57 131 100
Housing 105 105 100
Transportation 102 105 100
Utilities 103 104 100

Collinsville Cost Of Living Compared To Virginia Averages

Services
Collinsville 104
Virginia avg 103
Groceries
Collinsville 103
Virginia avg 104
Health
Collinsville 57
Virginia avg 131
Housing
Collinsville 105
Virginia avg 105
Transportation
Collinsville 102
Virginia avg 105
Utilities
Collinsville 103
Virginia avg 104

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Virginia, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Collinsville, VA Housing Cost Breakdown

$164,704Median Home Value
$746Median Rent
$52,158Median Income

Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Collinsville is $164,704.

  • The Median Rent in Collinsville is $746.

  • The Median Income in Collinsville is $52,158.

  • The Home Value To Income in Collinsville is 3.2x.

  • The Rent To Monthly Income in Collinsville is 0.17x.

Statistic Collinsville Virginia United States
Median Home Value $164,704 $412,467 $332,700
Median Rent $746 $1,579 $1,413
Median Income $52,158 $93,170 $80,734
Home Value To Income 3.2x 4.4x 4.1x
Rent To Monthly Income 0.17x 0.2x 0.21x

Collinsville, VA Costs By Category

Detailed Collinsville Services costs vs. Virginia
Item Collinsville Virginia
Shampoo $1.3 $1.28
Movie $11.0 $12.13
Bowling $11.83 $18
Haircut $14.0 $24.26
Beauty Salon $34.81 $45.56
Detailed Collinsville Groceries costs vs. Virginia
Item Collinsville Virginia
Ground Beef $6.12 $5.84
Fried Chicken $1.37 $1.57
Milk $4.64 $4.67
Potatoes $4.99 $4.93
Pizza $13.42 $12.09
Beer $10.22 $10.41
Toothpaste $3.68 $3.7
Detailed Collinsville Health costs vs. Virginia
Item Collinsville Virginia
Optometrist $124.44 $125.68
Doctor $115.83 $135.78
Dentist $127.61 $113.29
Detailed Collinsville Transportation costs vs. Virginia
Item Collinsville Virginia
Gasoline $3.25 $3.46
Tire Balancing $48.39 $59.92
Detailed Collinsville Utilities costs vs. Virginia
Item Collinsville Virginia
All Electricity $189.18 $193.99
Phone $184.83 $192.25

Collinsville SnackAbility

5Overall SnackAbility
Jobs 4/10
Housing 4/10
Affordability 8/10
Diversity 8/10
SafetyN/A
Amenities 8/10
Education 6/10
Commute 8.5/10

Cost Of Living In Cities Around Collinsville

The cost of living varies in the cities and towns around Collinsville. Here's a quick look at the cost of living in the most populous nearby places:

  • Greensboro, NC has a cost of living index of 99, 1.1x Collinsville.

  • Winston-Salem, NC has a cost of living index of 93, 1.0x Collinsville.

  • Kernersville, NC has a cost of living index of 102, 1.1x Collinsville.

City Population Cost Of Living Vs. Collinsville
Greensboro, NC 301,198 99 1.1x
Winston-Salem, NC 252,037 93 1.0x
Kernersville, NC 27,830 102 1.1x
Cave Spring, VA 25,742 108 1.2x
Martinsville, VA 13,658 89 1.0x
Summerfield, NC 11,116 121 1.3x
Elon, NC 11,032 114 1.3x
Gibsonville, NC 9,467 98 1.1x
Oak Ridge, NC 7,744 136 1.5x
King, NC 7,408 98 1.1x