CostByCity

Cost of Living in Charlottesville, VA

2024 data from the Bureau of Economic Analysis

Cost Index
99.1
0.9% below avg
Housing Index
107.0
Median Income
$86,188
Median Rent
$1,445/mo

Cost Breakdown

Overall99.1 (-0.9%)
Housing107.0 (+7.0%)
Goods96.8 (-3.2%)
Utilities89.0 (-11.0%)
Other Services98.6 (-1.4%)

National average = 100

Income & Housing

Median Household Income
$86,188/year
Median Home Value
$375,800
Median Monthly Rent
$1,445/mo
Per Capita Income
$50,121/year

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Frequently Asked Questions

Is Charlottesville, VA expensive to live in?
Charlottesville, VA has a cost of living index of 99.1, which is 0.9% below the national average.
How much does housing cost in Charlottesville, VA?
Housing costs in Charlottesville, VA are indexed at 107.0 compared to the national average of 100. The median monthly rent is $1,445.
What is the average income in Charlottesville, VA?
The median household income in Charlottesville, VA is $86,188 per year.
What is the average home price in Charlottesville, VA?
The median home value in Charlottesville, VA is $375,800.