What is the cost of living in Montrose, VA?
According to the most recent data on the cost of living, Montrose has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Virginia, Montrose has a cost of living index that's 0.9x lower than Virginia's index of 112.
The standard of living in Montrose ranks as #23 most affordable out of the 188 places we measured in Virginia. By definition, that implies Montrose ranks as the #165 most expensive place in the Old Dominion.
For more reading on life in Montrose, check out:
Montrose Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Montrose. Here is how it fares on each of the criteria:
The Services index in Montrose is 104.
The Groceries index in Montrose is 105.
The Health index in Montrose is 78.
The Housing index in Montrose is 106.
The Transportation index in Montrose is 104.
The Utilities index in Montrose is 112.
| Living Expense | Montrose | Virginia | National Average |
|---|---|---|---|
| Overall | 99 | 112 | 100 |
| Services | 104 | 103 | 100 |
| Groceries | 105 | 104 | 100 |
| Health | 78 | 131 | 100 |
| Housing | 106 | 105 | 100 |
| Transportation | 104 | 105 | 100 |
| Utilities | 112 | 104 | 100 |
Montrose Cost Of Living Compared To Virginia Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Virginia, check out:
Protect your home budget Compare home warranties in Montrose Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Montrose, VA Housing Cost Breakdown
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 Montrose is $253,428.
The Median Rent in Montrose is $1,297.
The Median Income in Montrose is $49,550.
The Home Value To Income in Montrose is 5.1x.
The Rent To Monthly Income in Montrose is 0.31x.
Montrose, VA Costs By Category
Detailed Montrose Services costs vs. Virginia
Detailed Montrose Groceries costs vs. Virginia
Detailed Montrose Health costs vs. Virginia
Detailed Montrose Transportation costs vs. Virginia
Montrose SnackAbility
Cost Of Living In Cities Around Montrose
The cost of living varies in the cities and towns around Montrose. Here's a quick look at the cost of living in the most populous nearby places:
Richmond, VA has a cost of living index of 112, 1.1x Montrose.
Mechanicsville, VA has a cost of living index of 112, 1.1x Montrose.
Short Pump, VA has a cost of living index of 135, 1.4x Montrose.
| City | Population | Cost Of Living | Vs. Montrose |
|---|---|---|---|
| Richmond, VA | 229,359 | 112 | 1.1x |
| Mechanicsville, VA | 38,683 | 112 | 1.1x |
| Short Pump, VA | 29,026 | 135 | 1.4x |
| Meadowbrook, VA | 20,749 | 108 | 1.1x |
| Glen Allen, VA | 17,551 | 111 | 1.1x |
| Bon Air, VA | 16,904 | 115 | 1.2x |
| East Highland Park, VA | 15,265 | 100 | 1.0x |
| Highland Springs, VA | 14,296 | 100 | 1.0x |
| Brandermill, VA | 13,730 | 116 | 1.2x |
| Lakeside, VA | 12,654 | 105 | 1.1x |
