Rockwood, VA Cost Of Living
Cost Of Living In Rockwood, VA Summary
Cost of living in Rockwood 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 Rockwood 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:
The cost of living index in Rockwood is 113, with 100 being the average.
The cost of living index in Rockwood is 1.1x higher than the national average.
Rockwood ranks as the #70 cheapest in Virginia out of 190.
Rockwood ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Rockwood is $350,847.
The median income in Rockwood is $90,804.
Table Of Contents
Rockwood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Rockwood, VA?
According to the most recent data on the cost of living, Rockwood has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Virginia, Rockwood has a cost of living index that's 1.0x higher than Virginia's index of 110.
The standard of living in Rockwood ranks as #70 most affordable out of the 190 places we measured in Virginia. By definition, that implies Rockwood ranks as the #120 most expensive place in the Old Dominion.
For more reading on life in Rockwood, check out:
In Virginia
In America
Rockwood Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Rockwood. Here is how it fairs on each of the criteria:
The Services index in Rockwood is 102.
The Groceries index in Rockwood is 101.
The Health index in Rockwood is 97.
The Housing index in Rockwood is 140.
The Transportation index in Rockwood is 101.
The Utilities index in Rockwood is 106.
| Living Expense | Rockwood | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 113 | 110 | 100 | |
| Services | 102 | 101 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 140 | 130 | 100 | |
| Transportation | 101 | 94 | 100 | |
| Utilities | 106 | 104 | 100 | |
Rockwood, 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 2019-2023. The key points are:
The Median Home Value in Rockwood is $350,847.
The Median Rent in Rockwood is $1,875.
The Median Income in Rockwood is $90,804.
The Home Value To Income in Rockwood is 3.9x.
The Rent To Monthly Income in Rockwood is 0.25x.
Median Home Value
Median Rent
Median Income
Rockwood, VA Costs By Category
Detailed Rockwood Services Costs Vs. Virginia
Detailed Rockwood Groceries Costs Vs. Virginia
Detailed Rockwood Health Costs Vs. Virginia
Detailed Rockwood Transportation Costs Vs. Virginia
Detailed Rockwood Utilities Costs Vs. Virginia
Rockwood SnackAbility
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Cost Of Living In Cities Around Rockwood
The cost of living varies in the cities and towns around Rockwood. 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 106, 0.9x Rockwood.
Tuckahoe, VA has a cost of living index of 118, 1.0x Rockwood.
Mechanicsville, VA has a cost of living index of 112, 1.0x Rockwood.
| City | Population | Cost Of Living | Vs. Rockwood |
|---|---|---|---|
| Richmond, VA | 227,595 | 106 | 0.9x |
| Tuckahoe, VA | 48,610 | 118 | 1.0x |
| Mechanicsville, VA | 38,437 | 112 | 1.0x |
| Short Pump, VA | 28,177 | 131 | 1.2x |
| Chester, VA | 23,519 | 109 | 1.0x |
| Meadowbrook, VA | 20,383 | 102 | 0.9x |
| Bon Air, VA | 17,302 | 114 | 1.0x |
| Glen Allen, VA | 16,630 | 108 | 1.0x |
| Brandermill, VA | 13,938 | 112 | 1.0x |
| Manchester, VA | 12,347 | 107 | 0.9x |
