Cost of living in Wytheville 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 Wytheville 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 Wytheville is 92, with 100 being the average.
The cost of living index in Wytheville is 0.9x lower than the national average.
Wytheville ranks as the #23 cheapest in Virginia out of 186.
Wytheville ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Wytheville is $163,100.
The median income in Wytheville is $41,074.
According to the most recent data on the cost of living, Wytheville has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Virginia, Wytheville has a cost of living index that's 0.9x lower than Virginia's index of 102.
The standard of living in Wytheville ranks as #23 most affordable out of the 186 places we measured in Virginia. By definition, that implies Wytheville ranks as the #163 most expensive place in the Old Dominion.
For more reading on life in Wytheville, check out:
Six factors go into calculating the cost of living index in Wytheville. Here is how it fairs on each of the criteria:
The Services index in Wytheville is 97.
The Groceries index in Wytheville is 95.
The Health index in Wytheville is 94.
The Housing index in Wytheville is 83.
The Transportation index in Wytheville is 93.
The Utilities index in Wytheville is 85.
|Living Expense||Wytheville||Virginia||National Average|
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 2017-2021. The key points are:
The Median Home Value in Wytheville is $163,100.
The Median Rent in Wytheville is $579.
The Median Income in Wytheville is $41,074.
The Home Value To Income in Wytheville is 4.0x.
The Rent To Monthly Income in Wytheville is 0.17x.
|Median Home Value||$163,100||$295,500||$244,900|
|Home Value To Income||4.0x||3.7x||3.5x|
|Rent To Monthly Income||0.17x||0.2x||0.2x|
The cost of living varies in the cities and towns around Wytheville. Here's a quick look at the cost of living in the most populous nearby places:
Blacksburg, VA has a cost of living index of 107, 1.2x Wytheville.
Christiansburg, VA has a cost of living index of 94, 1.0x Wytheville.
Radford, VA has a cost of living index of 91, 1.0x Wytheville.
|City||Population||Cost Of Living||Vs. Wytheville|
|Mount Airy, NC||10,547||90||1.0x|