Timberlake, VA Cost Of Living

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

Cost of living in Timberlake, Virginia

Cost of living in Timberlake 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 Timberlake 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:

102 Cost of living index 1.0x higher vs US
#32 Cheapest in Virginia (of 188)
#2,732 Cheapest in the U.S. (of 6,489)
$253,586 Median home value
$1,083 Median rent
$75,657 Median income
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What is the cost of living in Timberlake, VA?

According to the most recent data on the cost of living, Timberlake has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.

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

The standard of living in Timberlake ranks as #32 most affordable out of the 188 places we measured in Virginia. By definition, that implies Timberlake ranks as the #156 most expensive place in the Old Dominion.

For more reading on life in Timberlake, check out:

Timberlake Cost Of Living Vs. Virginia

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

  • The Services index in Timberlake is 103.

  • The Groceries index in Timberlake is 102.

  • The Health index in Timberlake is 97.

  • The Housing index in Timberlake is 103.

  • The Transportation index in Timberlake is 106.

  • The Utilities index in Timberlake is 106.

Living Expense Timberlake Virginia National Average
Overall 102 112 100
Services 103 103 100
Groceries 102 104 100
Health 97 131 100
Housing 103 105 100
Transportation 106 105 100
Utilities 106 104 100

Timberlake Cost Of Living Compared To Virginia Averages

Services
Timberlake 103
Virginia avg 103
Groceries
Timberlake 102
Virginia avg 104
Health
Timberlake 97
Virginia avg 131
Housing
Timberlake 103
Virginia avg 105
Transportation
Timberlake 106
Virginia avg 105
Utilities
Timberlake 106
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

Timberlake, VA Housing Cost Breakdown

$253,586Median Home Value
$1,083Median Rent
$75,657Median 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 Timberlake is $253,586.

  • The Median Rent in Timberlake is $1,083.

  • The Median Income in Timberlake is $75,657.

  • The Home Value To Income in Timberlake is 3.4x.

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

Statistic Timberlake Virginia United States
Median Home Value $253,586 $412,467 $332,700
Median Rent $1,083 $1,579 $1,413
Median Income $75,657 $93,170 $80,734
Home Value To Income 3.4x 4.4x 4.1x
Rent To Monthly Income 0.17x 0.2x 0.21x

Timberlake, VA Costs By Category

Detailed Timberlake Services costs vs. Virginia
Item Timberlake 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 Timberlake Groceries costs vs. Virginia
Item Timberlake 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 Timberlake Health costs vs. Virginia
Item Timberlake Virginia
Optometrist $136.88 $125.68
Doctor $139.83 $135.78
Dentist $105.92 $113.29
Detailed Timberlake Transportation costs vs. Virginia
Item Timberlake Virginia
Gasoline $3.36 $3.46
Tire Balancing $50.24 $59.92
Detailed Timberlake Utilities costs vs. Virginia
Item Timberlake Virginia
All Electricity $213.27 $193.99
Phone $184.83 $192.25

Timberlake SnackAbility

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

Cost Of Living In Cities Around Timberlake

The cost of living varies in the cities and towns around Timberlake. 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, 0.9x Timberlake.

  • Lynchburg, VA has a cost of living index of 102, 1.0x Timberlake.

  • Cave Spring, VA has a cost of living index of 108, 1.1x Timberlake.

City Population Cost Of Living Vs. Timberlake
Roanoke, VA 98,355 94 0.9x
Lynchburg, VA 79,497 102 1.0x
Cave Spring, VA 25,742 108 1.1x
Salem, VA 25,618 106 1.0x
Hollins, VA 17,097 103 1.0x
Forest, VA 13,430 108 1.1x
Madison Heights, VA 10,266 97 1.0x
Vinton, VA 8,056 96 0.9x
Lexington, VA 7,525 110 1.1x
Buena Vista, VA 6,593 93 0.9x