Virginia: RPP components
BEA 2024 regional context; each category is compared with its own U.S. = 100 benchmark. These are not county price estimates or spending shares.
Black marker: U.S. benchmark = 100 in each row.
LivingCostFacts / state
Virginia cost of living
Virginia has an all-items price parity of 101.1 on the U.S. = 100 scale. Compare the statewide picture with county rents and metro price levels.
BEA 2024 · HUD FY2027 · ACS 2020–2024 · CPI through 2026-10
101.1
All-items price level
BEA 2024; U.S. = 100
$93,170
Median household income
ACS 2020–2024
$383,700
Median home value
Owner-occupied homes, ACS 2020–2024
$1,792
Typical 2BR benchmark
Population-weighted county FMR, FY2027
Read the local picture
Regional Price Parities (RPPs) compare prices across places in the same year. An index of 110 means prices are 10% above the U.S. level; 90 means 10% below. RPP measures relative price levels, while CPI measures price change over time.
Put the benchmark in context
Fair Market Rent (FMR) is HUD’s estimate of the 40th percentile gross rent for standard-quality rental homes occupied by recent movers. It includes rent and most tenant-paid utilities. A household’s actual rent can differ substantially by neighborhood, lease and property.
Monthly rent by bedroom
HUD FY2027 gross monthly FMR; includes most tenant-paid utilities. Dollars per month.
Income after benchmark rent is $71,663 a year: ACS median household income minus 12 months of the population-weighted 2BR FMR. This is a comparison between separate datasets and periods, before taxes and all other expenses; it is not disposable income.
The data in view
Price levels relative to the U.S.
BEA RPP, U.S. = 100 each year. This is not an inflation index.
View chart data
| Period or category | Value |
|---|---|
| 2008 | 103.2 |
| 2009 | 102.4 |
| 2010 | 103.7 |
| 2011 | 103.4 |
| 2012 | 102.5 |
| 2013 | 103.5 |
| 2014 | 103.5 |
| 2015 | 103.6 |
| 2016 | 102.8 |
| 2017 | 101.2 |
| 2018 | 102.0 |
| 2019 | 100.1 |
| 2020 | 101.0 |
| 2021 | 102.3 |
| 2022 | 102.0 |
| 2023 | 101.3 |
| 2024 | 101.1 |
Price levels by category
Each category has its own U.S. benchmark of 100. Components are indexes, not spending shares.
| Category | 2024 RPP |
|---|---|
| All items | 101.1 |
| Goods | 100.4 |
| Housing rents | 106.8 |
| Utilities | 92.2 |
| Other services | 100.2 |
Monthly Fair Market Rent by bedroom
HUD 40th percentile gross rent for standard-quality units; includes tenant-paid utilities except telephone, cable and internet. These are benchmarks, not asking-rent medians.
| Home size | FY2027 monthly gross rent |
|---|---|
| Studio | $1,536 |
| 1 bedroom | $1,596 |
| 2 bedrooms | $1,792 |
| 3 bedrooms | $2,326 |
| 4 bedrooms | $2,752 |
County cost comparison
Income: ACS 2020–2024. Rent: HUD FY2027. Rent / income = 12 × 2BR FMR ÷ median household income; it does not measure actual renter burden.
| County or equivalent | 2BR rent / month | Median household income | Rent / income |
|---|---|---|---|
| Accomack County | $1,110 | $58,993 | 22.6% |
| Albemarle County | $1,642 | $104,392 | 18.9% |
| Alexandria city | $2,438 | $119,681 | 24.4% |
| Alleghany County | $943 | $56,188 | 20.1% |
| Amelia County | $1,651 | $76,717 | 25.8% |
| Amherst County | $1,117 | $68,724 | 19.5% |
| Appomattox County | $1,117 | $62,853 | 21.3% |
| Arlington County | $2,438 | $142,114 | 20.6% |
| Augusta County | $1,199 | $82,049 | 17.5% |
| Bath County | $1,010 | $56,184 | 21.6% |
| Bedford County | $1,117 | $78,937 | 17.0% |
| Bland County | $943 | $61,216 | 18.5% |
| Botetourt County | $1,464 | $81,213 | 21.6% |
| Bristol city | $1,091 | $50,404 | 26.0% |
| Brunswick County | $943 | $53,084 | 21.3% |
| Buchanan County | $943 | $42,886 | 26.4% |
| Buckingham County | $943 | $60,828 | 18.6% |
| Buena Vista city | $1,057 | $57,833 | 21.9% |
| Campbell County | $1,117 | $66,165 | 20.3% |
| Caroline County | $1,244 | $87,407 | 17.1% |
| Carroll County | $943 | $54,484 | 20.8% |
| Charles City County | $1,651 | $75,417 | 26.3% |
| Charlotte County | $943 | $58,000 | 19.5% |
| Charlottesville city | $1,642 | $74,824 | 26.3% |
| Chesapeake city | $1,667 | $95,373 | 21.0% |
| Chesterfield County | $1,651 | $101,931 | 19.4% |
| Clarke County | $2,438 | $117,111 | 25.0% |
| Colonial Heights city | $1,651 | $76,505 | 25.9% |
| Covington city | $943 | $41,944 | 27.0% |
| Craig County | $1,464 | $69,057 | 25.4% |
| Culpeper County | $1,596 | $100,049 | 19.1% |
| Cumberland County | $1,046 | $55,325 | 22.7% |
| Danville city | $943 | $44,423 | 25.5% |
| Dickenson County | $943 | $47,254 | 23.9% |
| Dinwiddie County | $1,651 | $83,704 | 23.7% |
| Emporia city | $1,018 | $51,899 | 23.5% |
| Essex County | $1,155 | $56,520 | 24.5% |
| Fairfax County | $2,438 | $153,637 | 19.0% |
| Fairfax city | $2,438 | $132,348 | 22.1% |
| Falls Church city | $2,438 | $143,262 | 20.4% |
| Fauquier County | $2,438 | $130,189 | 22.5% |
| Floyd County | $1,090 | $62,191 | 21.0% |
| Fluvanna County | $1,642 | $96,768 | 20.4% |
| Franklin County | $1,080 | $68,849 | 18.8% |
| Franklin city | $1,032 | $63,245 | 19.6% |
| Frederick County | $1,505 | $97,606 | 18.5% |
| Fredericksburg city | $2,438 | $86,071 | 34.0% |
| Galax city | $943 | $38,675 | 29.3% |
| Giles County | $999 | $65,691 | 18.2% |
| Gloucester County | $1,667 | $84,306 | 23.7% |
| Goochland County | $1,651 | $118,931 | 16.7% |
| Grayson County | $943 | $47,730 | 23.7% |
| Greene County | $1,642 | $89,808 | 21.9% |
| Greensville County | $1,018 | $54,668 | 22.3% |
| Halifax County | $943 | $52,013 | 21.8% |
| Hampton city | $1,667 | $69,621 | 28.7% |
| Hanover County | $1,651 | $112,805 | 17.6% |
| Harrisonburg city | $1,264 | $62,254 | 24.4% |
| Henrico County | $1,651 | $88,783 | 22.3% |
| Henry County | $943 | $50,760 | 22.3% |
| Highland County | $943 | $65,625 | 17.2% |
| Hopewell city | $1,651 | $54,729 | 36.2% |
| Isle of Wight County | $1,667 | $95,241 | 21.0% |
| James City County | $1,667 | $109,985 | 18.2% |
| King George County | $1,520 | $116,884 | 15.6% |
| King William County | $1,651 | $86,056 | 23.0% |
| King and Queen County | $1,170 | $70,469 | 19.9% |
| Lancaster County | $1,091 | $69,713 | 18.8% |
| Lee County | $943 | $41,827 | 27.1% |
| Lexington city | $1,057 | $84,517 | 15.0% |
| Loudoun County | $2,438 | $181,765 | 16.1% |
| Louisa County | $1,291 | $86,689 | 17.9% |
| Lunenburg County | $943 | $54,842 | 20.6% |
| Lynchburg city | $1,117 | $57,947 | 23.1% |
| Madison County | $1,133 | $84,323 | 16.1% |
| Manassas Park city | $2,438 | $103,250 | 28.3% |
| Manassas city | $2,438 | $113,590 | 25.8% |
| Martinsville city | $943 | $46,727 | 24.2% |
| Mathews County | $1,667 | $75,880 | 26.4% |
| Mecklenburg County | $960 | $57,045 | 20.2% |
| Middlesex County | $1,259 | $75,060 | 20.1% |
| Montgomery County | $1,340 | $72,715 | 22.1% |
| Nelson County | $1,642 | $72,589 | 27.1% |
| New Kent County | $1,651 | $123,314 | 16.1% |
| Newport News city | $1,667 | $69,634 | 28.7% |
| Norfolk city | $1,667 | $66,109 | 30.3% |
| Northampton County | $992 | $61,632 | 19.3% |
| Northumberland County | $1,382 | $66,480 | 24.9% |
| Norton city | $943 | $41,495 | 27.3% |
| Nottoway County | $1,026 | $63,261 | 19.5% |
| Orange County | $1,262 | $94,008 | 16.1% |
| Page County | $953 | $57,037 | 20.1% |
| Patrick County | $943 | $53,038 | 21.3% |
| Petersburg city | $1,651 | $50,698 | 39.1% |
| Pittsylvania County | $943 | $54,085 | 20.9% |
| Poquoson city | $1,667 | $120,972 | 16.5% |
| Portsmouth city | $1,667 | $60,491 | 33.1% |
| Powhatan County | $1,651 | $110,537 | 17.9% |
| Prince Edward County | $1,126 | $56,315 | 24.0% |
| Prince George County | $1,651 | $84,897 | 23.3% |
| Prince William County | $2,438 | $131,402 | 22.3% |
| Pulaski County | $952 | $62,028 | 18.4% |
| Radford city | $1,340 | $57,348 | 28.0% |
| Rappahannock County | $1,555 | $83,380 | 22.4% |
| Richmond County | $1,187 | $66,304 | 21.5% |
| Richmond city | $1,651 | $64,587 | 30.7% |
| Roanoke County | $1,464 | $83,709 | 21.0% |
| Roanoke city | $1,464 | $55,378 | 31.7% |
| Rockbridge County | $1,057 | $65,469 | 19.4% |
| Rockingham County | $1,264 | $80,693 | 18.8% |
| Russell County | $943 | $50,012 | 22.6% |
| Salem city | $1,464 | $66,725 | 26.3% |
| Scott County | $1,091 | $46,349 | 28.2% |
| Shenandoah County | $1,172 | $67,191 | 20.9% |
| Smyth County | $943 | $49,883 | 22.7% |
| Southampton County | $1,032 | $70,795 | 17.5% |
| Spotsylvania County | $2,438 | $112,738 | 26.0% |
| Stafford County | $2,438 | $137,807 | 21.2% |
| Staunton city | $1,199 | $65,581 | 21.9% |
| Suffolk city | $1,667 | $92,666 | 21.6% |
| Surry County | $1,064 | $78,041 | 16.4% |
| Sussex County | $1,651 | $63,530 | 31.2% |
| Tazewell County | $943 | $47,313 | 23.9% |
| Virginia Beach city | $1,667 | $92,968 | 21.5% |
| Warren County | $1,449 | $84,682 | 20.5% |
| Washington County | $1,091 | $64,552 | 20.3% |
| Waynesboro city | $1,199 | $59,994 | 24.0% |
| Westmoreland County | $1,245 | $63,398 | 23.6% |
| Williamsburg city | $1,667 | $75,604 | 26.5% |
| Winchester city | $1,505 | $63,974 | 28.2% |
| Wise County | $943 | $52,943 | 21.4% |
| Wythe County | $943 | $57,745 | 19.6% |
| York County | $1,667 | $109,956 | 18.2% |
Metros with member counties in Virginia
BEA 2024, U.S. = 100. Rent is a population-weighted mean of member-county benchmarks where available.
| Metro area | All-items RPP | Housing RPP | 2BR rent / month |
|---|---|---|---|
| Blacksburg-Christiansburg-Radford, VA | 92.7 | 74.4 | $1,216 |
| Charlottesville, VA | 99.1 | 107.0 | $1,642 |
| Harrisonburg, VA | 94.9 | 82.3 | $1,264 |
| Kingsport-Bristol, TN-VA | 86.4 | 56.5 | $1,091 |
| Lynchburg, VA | 89.4 | 63.9 | $1,117 |
| Richmond, VA | 97.9 | 99.1 | $1,649 |
| Roanoke, VA | 93.6 | 78.5 | $1,397 |
| Staunton-Stuarts Draft, VA | 91.1 | 68.2 | $1,199 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | 97.9 | 99.8 | $1,663 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 108.9 | 151.1 | $2,413 |
| Winchester, VA-WV | 96.5 | 90.0 | $1,505 |