CostByCity

Cost of Living in Blacksburg, VA

2024 data from the Bureau of Economic Analysis

Cost Index
92.7
7.3% below avg
Housing Index
74.4
Median Income
$62,017
Median Rent
$1,040/mo

Cost Breakdown

Overall92.7 (-7.3%)
Housing74.4 (-25.6%)
Goods96.8 (-3.2%)
Utilities88.1 (-11.9%)
Other Services98.6 (-1.4%)

National average = 100

Income & Housing

Median Household Income
$62,017/year
Median Home Value
$221,400
Median Monthly Rent
$1,040/mo
Per Capita Income
$32,334/year

Compare Blacksburg, VA With

Frequently Asked Questions

Is Blacksburg, VA expensive to live in?
Blacksburg, VA has a cost of living index of 92.7, which is 7.3% below the national average.
How much does housing cost in Blacksburg, VA?
Housing costs in Blacksburg, VA are indexed at 74.4 compared to the national average of 100. The median monthly rent is $1,040.
What is the average income in Blacksburg, VA?
The median household income in Blacksburg, VA is $62,017 per year.
What is the average home price in Blacksburg, VA?
The median home value in Blacksburg, VA is $221,400.