Cost Of Living in Hillsville, VA

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Hillsville	Virginia	National
Cost of living	87	109	100
Goods & Services	100	100	100
Groceries	98	101	100
Health care	92	99	100
Housing	66	130	100
Transportation	89	95	100
Utilities	94	104	100

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Cost Of Living Quick Facts

The cost of living in Hillsville is 20% lower than the Virginia average
The cost of living in Hillsville is 13% lower than the national average
Hillsville housing is 34% lower than the national average
Virginia general sales tax is 4% higher than the national average
Virginia state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$46,844	$3,904	$1,093	$1,405
Renters	$40,909	$3,409	$954	$1,227

Virginia Sales Tax

State	General Sales Tax	With Max Surtax
Virginia	5.3%	6%

Virginia Income Tax

State	Income Tax (Low)	Income Tax (High)
Virginia	2%	5.75%

Goods & Services

Item	Hillsville	National avg.	Difference
Haircut	$27.83	$24.26	14.7%
Beauty Salon	$59.17	$45.56	29.9%
Toothpaste	$4.10	$3.70	10.8%
Shampoo	$1.72	$1.28	34.3%
Movie	$15.61	$12.13	28.7%
Bowling	$27.24	$18.00	51.4%

Groceries

Item	Hillsville	National avg.	Difference
Ground Beef	$5.67	$5.84	2.8%
Fried Chicken	$1.41	$1.57	10.4%
Milk	$4.83	$4.67	3.4%
Potatoes	$5.33	$4.93	8.0%
Pizza	$12.62	$12.09	4.4%
Beer	$11.14	$10.41	7.0%

Health Care

Item	Hillsville	National avg.	Difference
Optometrist	$130.89	$125.68	4.1%
Doctor	$159.79	$135.78	17.7%
Dentist	$125.44	$113.29	10.7%
Ibuprofen	$11.37	$10.65	6.7%
Lipitor	$460.80	$468.60	1.7%

Housing

Item	Hillsville	National avg.	Difference
Home Price	$115,100.00	$184,700.00	37.7%
Avg. Mortgage Payment	$4,632.77	$2,346.69	97.4%
Apartment Rent	$715.00	$949.00	24.7%

Transportation

Item	Hillsville	National avg.	Difference
Gasoline	$3.51	$3.46	1.3%
Tire Balancing	$80.00	$59.92	33.5%

Utilities

Item	Hillsville	National avg.	Difference
All Electricity	$200.62	$193.99	3.4%
Phone	$184.83	$192.25	3.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Hiwassee, VA	229	96	3.6%
Fancy Gap, VA	65	96	3.6%
Ivanhoe, VA	514	78	21.7%
Cana, VA	1,800	84	15.8%
Galax, VA	6,402	84	16.0%
Hillsville, VA	2,679	87	12.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Vamo, FL	2,679	117	16.8%
Daingerfield, TX	2,679	83	17.4%
Perezville, TX	2,679	77	23.1%
Winneconne, WI	2,679	94	6.1%
Covington, OH	2,678	89	11.0%
Hillsville, VA	2,679	87	12.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Hillsville, VA