CostByCity

Cost of Living in Lynchburg, VA

2024 data from the Bureau of Economic Analysis

Cost Index
89.4
10.6% below avg
Housing Index
63.9
Median Income
$64,307
Median Rent
$920/mo

Cost Breakdown

Overall89.4 (-10.6%)
Housing63.9 (-36.1%)
Goods96.8 (-3.2%)
Utilities87.8 (-12.2%)
Other Services98.6 (-1.4%)

National average = 100

Income & Housing

Median Household Income
$64,307/year
Median Home Value
$209,000
Median Monthly Rent
$920/mo
Per Capita Income
$33,747/year

Compare Lynchburg, VA With

Lynchburg, VA vs Little Rock, ARLynchburg, VA vs Canton, OHLynchburg, VA vs Columbus, GALynchburg, VA vs Columbia, MOLynchburg, VA vs Sandusky, OHLynchburg, VA vs Sierra Vista, AZLynchburg, VA vs Longview, TXLynchburg, VA vs Altoona, PALynchburg, VA vs Tulsa, OKLynchburg, VA vs Wichita Falls, TX

Frequently Asked Questions

Is Lynchburg, VA expensive to live in?
Lynchburg, VA has a cost of living index of 89.4, which is 10.6% below the national average.
How much does housing cost in Lynchburg, VA?
Housing costs in Lynchburg, VA are indexed at 63.9 compared to the national average of 100. The median monthly rent is $920.
What is the average income in Lynchburg, VA?
The median household income in Lynchburg, VA is $64,307 per year.
What is the average home price in Lynchburg, VA?
The median home value in Lynchburg, VA is $209,000.