What is the cost of living in Woodlake, VA?
According to the most recent data on the cost of living, Woodlake has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Virginia, Woodlake has a cost of living index that's 1.1x higher than Virginia's index of 112.
The standard of living in Woodlake ranks as #83 most affordable out of the 188 places we measured in Virginia. By definition, that implies Woodlake ranks as the #105 most expensive place in the Old Dominion.
For more reading on life in Woodlake, check out:
Woodlake Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Woodlake. Here is how it fares on each of the criteria:
The Services index in Woodlake is 104.
The Groceries index in Woodlake is 99.
The Health index in Woodlake is 162.
The Housing index in Woodlake is 107.
The Transportation index in Woodlake is 106.
The Utilities index in Woodlake is 106.
| Living Expense | Woodlake | Virginia | National Average |
|---|---|---|---|
| Overall | 123 | 112 | 100 |
| Services | 104 | 103 | 100 |
| Groceries | 99 | 104 | 100 |
| Health | 162 | 131 | 100 |
| Housing | 107 | 105 | 100 |
| Transportation | 106 | 105 | 100 |
| Utilities | 106 | 104 | 100 |
Woodlake 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 Woodlake Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Woodlake, 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 Woodlake is $437,298.
The Median Rent in Woodlake is $1,902.
The Median Income in Woodlake is $139,344.
The Home Value To Income in Woodlake is 3.1x.
The Rent To Monthly Income in Woodlake is 0.16x.
Woodlake, VA Costs By Category
Detailed Woodlake Services costs vs. Virginia
Detailed Woodlake Groceries costs vs. Virginia
Detailed Woodlake Health costs vs. Virginia
Detailed Woodlake Transportation costs vs. Virginia
Woodlake SnackAbility
Cost Of Living In Cities Around Woodlake
The cost of living varies in the cities and towns around Woodlake. 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, 0.9x Woodlake.
Tuckahoe, VA has a cost of living index of 122, 1.0x Woodlake.
Short Pump, VA has a cost of living index of 135, 1.1x Woodlake.
| City | Population | Cost Of Living | Vs. Woodlake |
|---|---|---|---|
| Richmond, VA | 229,359 | 112 | 0.9x |
| Tuckahoe, VA | 49,183 | 122 | 1.0x |
| Short Pump, VA | 29,026 | 135 | 1.1x |
| Chester, VA | 24,474 | 111 | 0.9x |
| Meadowbrook, VA | 20,749 | 108 | 0.9x |
| Laurel, VA | 18,721 | 109 | 0.9x |
| Glen Allen, VA | 17,551 | 111 | 0.9x |
| Bon Air, VA | 16,904 | 115 | 0.9x |
| Brandermill, VA | 13,730 | 116 | 0.9x |
| Manchester, VA | 12,445 | 111 | 0.9x |
