University of Virginia, VA Cost Of Living
Cost Of Living In University of Virginia, VA Summary
Cost of living in University of Virginia 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 University of Virginia 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 University of Virginia is 125, with 100 being the average.
The cost of living index in University of Virginia is 1.2x higher than the national average.
University of Virginia ranks as the #92 cheapest in Virginia out of 190.
University of Virginia ranks as the #4,715 cheapest out of 6,489 in the US.
The median home value in University of Virginia is $474,009.
The median income in University of Virginia is $44,635.
Table Of Contents
University of Virginia's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in University of Virginia, VA?
According to the most recent data on the cost of living, University of Virginia has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Virginia, University of Virginia has a cost of living index that's 1.1x higher than Virginia's index of 110.
The standard of living in University of Virginia ranks as #92 most affordable out of the 190 places we measured in Virginia. By definition, that implies University of Virginia ranks as the #98 most expensive place in the Old Dominion.
For more reading on life in University of Virginia, check out:
In Virginia
In America
University of Virginia Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in University of Virginia. Here is how it fairs on each of the criteria:
The Services index in University of Virginia is 101.
The Groceries index in University of Virginia is 100.
The Health index in University of Virginia is 95.
The Housing index in University of Virginia is 184.
The Transportation index in University of Virginia is 95.
The Utilities index in University of Virginia is 104.
| Living Expense | University of Virginia | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 125 | 110 | 100 | |
| Services | 101 | 101 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 95 | 98 | 100 | |
| Housing | 184 | 130 | 100 | |
| Transportation | 95 | 94 | 100 | |
| Utilities | 104 | 104 | 100 | |
University of Virginia, 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 University of Virginia is $474,009.
The Median Rent in University of Virginia is $1,385.
The Median Income in University of Virginia is $44,635.
The Home Value To Income in University of Virginia is 10.6x.
The Rent To Monthly Income in University of Virginia is 0.37x.
| Statistic | University of Virginia | Virginia | United States |
|---|---|---|---|
| Median Home Value | $474,009 | $404,962 | $303,400 |
| Median Rent | $1,385 | $1,514 | $1,348 |
| Median Income | $44,635 | $90,974 | $78,538 |
| Home Value To Income | 10.6x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.37x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
University of Virginia, VA Costs By Category
Detailed University of Virginia Services Costs Vs. Virginia
| Item | University of Virginia | Virginia |
|---|---|---|
| Shampoo | $1.71 | $1.28 |
| Movie | $15.32 | $12.13 |
| Bowling | $25.5 | $18 |
| Haircut | $27.97 | $24.26 |
| Beauty Salon | $54.19 | $45.56 |
Detailed University of Virginia Groceries Costs Vs. Virginia
| Item | University of Virginia | Virginia |
|---|---|---|
| Ground Beef | $6.34 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.33 | $4.93 |
| Pizza | $12.47 | $12.09 |
| Beer | $11.67 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
Detailed University of Virginia Health Costs Vs. Virginia
| Item | University of Virginia | Virginia |
|---|---|---|
| Optometrist | $121.84 | $125.68 |
| Doctor | $168.85 | $135.78 |
| Dentist | $135.19 | $113.29 |
Detailed University of Virginia Transportation Costs Vs. Virginia
| Item | University of Virginia | Virginia |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed University of Virginia Utilities Costs Vs. Virginia
| Item | University of Virginia | Virginia |
|---|---|---|
| All Electricity | $201.35 | $193.99 |
| Phone | $184.83 | $192.25 |
University Of Virginia SnackAbility
/10
Cost Of Living In Cities Around University of Virginia
The cost of living varies in the cities and towns around University of Virginia. Here's a quick look at the cost of living in the most populous nearby places:
Harrisonburg, VA has a cost of living index of 104, 0.8x University of Virginia.
Charlottesville, VA has a cost of living index of 121, 1.0x University of Virginia.
Staunton, VA has a cost of living index of 99, 0.8x University of Virginia.
| City | Population | Cost Of Living | Vs. University of Virginia |
|---|---|---|---|
| Harrisonburg, VA | 51,492 | 104 | 0.8x |
| Charlottesville, VA | 45,863 | 121 | 1.0x |
| Staunton, VA | 25,765 | 99 | 0.8x |
| Waynesboro, VA | 22,574 | 97 | 0.8x |
| Stuarts Draft, VA | 11,920 | 104 | 0.8x |
| Lake Monticello, VA | 10,820 | 112 | 0.9x |
| Crozet, VA | 9,211 | 131 | 1.0x |
| Hollymead, VA | 8,566 | 123 | 1.0x |
| Lake of the Woods, VA | 8,165 | 118 | 0.9x |
