Madison Heights, VA Cost Of Living

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

Cost of living in Madison Heights, Virginia

Cost of living in Madison Heights 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 Madison Heights 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:

97 Cost of living index 1.0x lower vs US
#21 Cheapest in Virginia (of 188)
#2,094 Cheapest in the U.S. (of 6,489)
$242,306 Median home value
$871 Median rent
$60,215 Median income
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What is the cost of living in Madison Heights, VA?

According to the most recent data on the cost of living, Madison Heights has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Virginia, Madison Heights has a cost of living index that's 0.9x lower than Virginia's index of 112.

The standard of living in Madison Heights ranks as #21 most affordable out of the 188 places we measured in Virginia. By definition, that implies Madison Heights ranks as the #167 most expensive place in the Old Dominion.

For more reading on life in Madison Heights, check out:

Madison Heights Cost Of Living Vs. Virginia

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

  • The Services index in Madison Heights is 99.

  • The Groceries index in Madison Heights is 105.

  • The Health index in Madison Heights is 76.

  • The Housing index in Madison Heights is 104.

  • The Transportation index in Madison Heights is 106.

  • The Utilities index in Madison Heights is 105.

Living Expense Madison Heights Virginia National Average
Overall 97 112 100
Services 99 103 100
Groceries 105 104 100
Health 76 131 100
Housing 104 105 100
Transportation 106 105 100
Utilities 105 104 100

Madison Heights Cost Of Living Compared To Virginia Averages

Services
Madison Heights 99
Virginia avg 103
Groceries
Madison Heights 105
Virginia avg 104
Health
Madison Heights 76
Virginia avg 131
Housing
Madison Heights 104
Virginia avg 105
Transportation
Madison Heights 106
Virginia avg 105
Utilities
Madison Heights 105
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

Madison Heights, VA Housing Cost Breakdown

$242,306Median Home Value
$871Median Rent
$60,215Median 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 Madison Heights is $242,306.

  • The Median Rent in Madison Heights is $871.

  • The Median Income in Madison Heights is $60,215.

  • The Home Value To Income in Madison Heights is 4.0x.

  • The Rent To Monthly Income in Madison Heights is 0.17x.

Statistic Madison Heights Virginia United States
Median Home Value $242,306 $412,467 $332,700
Median Rent $871 $1,579 $1,413
Median Income $60,215 $93,170 $80,734
Home Value To Income 4.0x 4.4x 4.1x
Rent To Monthly Income 0.17x 0.2x 0.21x

Madison Heights, VA Costs By Category

Detailed Madison Heights Services costs vs. Virginia
Item Madison Heights Virginia
Shampoo $1.34 $1.28
Movie $13.59 $12.13
Bowling $18.42 $18
Haircut $24.89 $24.26
Beauty Salon $53.95 $45.56
Detailed Madison Heights Groceries costs vs. Virginia
Item Madison Heights Virginia
Ground Beef $5.32 $5.84
Fried Chicken $1.32 $1.57
Milk $4.7 $4.67
Potatoes $5.17 $4.93
Pizza $12.24 $12.09
Beer $10.69 $10.41
Toothpaste $3.79 $3.7
Detailed Madison Heights Health costs vs. Virginia
Item Madison Heights Virginia
Optometrist $136.88 $125.68
Doctor $139.83 $135.78
Dentist $105.92 $113.29
Detailed Madison Heights Transportation costs vs. Virginia
Item Madison Heights Virginia
Gasoline $3.36 $3.46
Tire Balancing $50.24 $59.92
Detailed Madison Heights Utilities costs vs. Virginia
Item Madison Heights Virginia
All Electricity $213.27 $193.99
Phone $184.83 $192.25

Madison Heights SnackAbility

5Overall SnackAbility
Jobs 6/10
Housing 5/10
Affordability 8/10
Diversity 8.5/10
SafetyN/A
Amenities 7/10
Education 5/10
Commute 8/10

Cost Of Living In Cities Around Madison Heights

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

  • Roanoke, VA has a cost of living index of 94, 1.0x Madison Heights.

  • Lynchburg, VA has a cost of living index of 102, 1.1x Madison Heights.

  • Staunton, VA has a cost of living index of 102, 1.1x Madison Heights.

City Population Cost Of Living Vs. Madison Heights
Roanoke, VA 98,355 94 1.0x
Lynchburg, VA 79,497 102 1.1x
Staunton, VA 25,948 102 1.1x
Waynesboro, VA 22,841 99 1.0x
Hollins, VA 17,097 103 1.1x
Forest, VA 13,430 108 1.1x
Timberlake, VA 12,725 102 1.1x
Stuarts Draft, VA 11,780 106 1.1x
Vinton, VA 8,056 96 1.0x
Lexington, VA 7,525 110 1.1x