Roanoke, VA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
87
Roanoke's Overall Cost Of Living
0.9x
Lower Than The National Average
15 out of 186
In Virginia
1,101 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 Roanoke is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Roanoke, VA?

According to the most recent data on the cost of living, Roanoke has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only Virginia, Roanoke has a cost of living index that's 0.8x lower than Virginia's index of 106.

The standard of living in Roanoke ranks as #1,101 most affordable out of the 6,418 places we measured in Virginia. By definition, that implies Roanoke ranks as the #5,317 most expensive place in the Old Dominion.

For more reading on life in Roanoke, check out:

Roanoke Cost Of Living Vs. Virginia

Living Expense Roanoke Virginia National Average
Overall 87 106 100
Services 88 99 100
Groceries 86 98 100
Health 100 98 100
Housing 74 131 100
Transportation 94 93 100
Utilities 98 96 100
For more reading on cost of living around Virginia, check out:
Roanoke Cost of Living Vs. VA

Roanoke, 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.

$134,900
Median Home Value
$804
Median Rent
$45,664
Median Income
Statistic Roanoke Virginia United States
Median Home Value $134,900 $282,800 $229,800
Median Rent $804 $1,257 $1,096
Median Income $45,664 $76,398 $64,994
Home Value To Income 3.0x 3.7x 3.5x
Rent To Monthly Income 0.21x 0.2x 0.2x

Detailed Roanoke Services Costs Vs. Virginia

Item Roanoke Virginia
Shampoo $0.89 $1.06
Movie $10.33 $10.68
Bowling $15.42 $14.67

Detailed Roanoke Groceries Costs Vs. Virginia

Item Roanoke Virginia
Ground Beef $3.44 $4.22
Fried Chicken $1.0 $1.39
Milk $1.78 $2.05

Detailed Roanoke Health Costs Vs. Virginia

Item Roanoke Virginia
Haircut $13.78 $18.62
Beauty Salon $32.1 $39.05
Toothpaste $1.74 $2.34

Detailed Roanoke Transportation Costs Vs. Virginia

Item Roanoke 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 Roanoke Utilities Costs Vs. Virginia

Item Roanoke Virginia
Gasoline $2.08 $2.22
Tire Balancing $44.96 $50.07
All Electricity $168.56 $167.67
Phone $177.97 $175.64

Roanoke SnackAbility

4
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
6
Diversity
9
Safety
4
Amenities
9
Education
6
Commute
8

Cost Of Living In Cities Around Roanoke

City Population Cost Of Living Vs. Roanoke
Lynchburg, VA 80,970 88 1.0x
Blacksburg, VA 44,395 107 1.2x
Salem, VA 25,290 93 1.1x
Cave Spring, VA 25,193 98 1.1x
Christiansburg, VA 22,482 94 1.1x
Hollins, VA 15,113 92 1.1x
Madison Heights, VA 11,447 86 1.0x
Vinton, VA 8,102 85 1.0x
Lexington, VA 7,205 102 1.2x
Buena Vista, VA 6,477 84 1.0x

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