Bluefield cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBluefieldVirginiaNational
Cost of living index86108100
IndexBluefieldVirginiaNational
Goods & Services index97100100
Groceries index9294100
Health care index10899100
Housing index57133100
Transportation index9993100
Utilities index106100100
A general overview of the cost of living index for Bluefield, VA is displayed above. In Bluefield, VA, the overall cost of living index is 86, which is 21% lower than the Virginia average and 14% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Bluefield, VA, the city's goods and services are 2% lower than the Virginia average and 3% lower than the U.S. average.

Did you know?

  • The cost of living in Bluefield is 21% lower than the Virginia average.
  • The cost of living in Bluefield is 14% lower than the national average.
  • The cost of housing in Bluefield is 43% lower than the national average.
  • Virginia general sales tax is 4% higher than the national average.
  • Virginia state income tax is 10% lower than the national average.

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Compare Bluefield, VA Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Bluefield, VA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Bluefield, VA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Bluefield, VA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,146$4,679$1,310$1,685
Renters$17,972$1,498$419$539
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bluefield, VA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Bluefield, VA homeowners, is $56,146. This would allow for a maximum of $1,310 per month to be spent on housing costs. For renters, the median monthly income is $17,972 which would result in a maximum of $419 to be spent on rental costs.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Virginia5.3%6%

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
Virginia2%5.75%
When assessing the complete cost of living in Bluefield, VA, the Virginia income tax and the Virginia sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Virginia maximum surtax is 6%, and the Virginia sales tax is 5.3%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 2% to 5.75% in Virginia.

Goods & Services

ItemBluefieldNational avg.Difference
Haircut $13.55$14.597.1%
Beauty Salon $30.96$34.6810.7%
Toothpaste $2.13$2.4713.9%
Shampoo $0.96$1.026.1%
Movie $10.02$9.871.5%
Bowling $4.69$4.396.8%

Groceries

ItemBluefieldNational avg.Difference
Ground Beef $4.29$4.484.2%
Fried Chicken $1.13$1.4622.8%
Milk $1.57$2.3633.4%
Potatoes $3.03$3.061.0%
Pizza $9.21$9.240.4%
Beer $9.35$8.638.3%

Health Care

ItemBluefieldNational avg.Difference
Optometrist $107.26$99.787.5%
Doctor $105.00$105.030.0%
Dentist $105.00$88.7018.4%
Ibuprofen $8.89$9.415.5%
Lipitor $312.47$298.504.7%

Housing

ItemBluefieldNational avg.Difference
Home Price $99,500.00$175,700.0043.4%
Avg. Mortgage Payment $955.01$1,081.0311.7%
Apartment Rent $524.00$920.0043.0%

Transportation

ItemBluefieldNational avg.Difference
Gasoline $1.94$2.097.3%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemBluefieldNational avg.Difference
All Electricity$146.87$170.8014.0%
Phone $37.99$28.2634.4%
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, StatePopulationCost of Living IndexNational Avg.
Vivian, WV2898-2%
Crumpler, WV28072-28%
Montcalm, WV49473-27%
Gary, WV85274-26%
Pageton, WV4875-25%
Bluefield, VA5,37586-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wappingers Falls, NY5,37711919%
Carle Place, NY5,37716969%
El Granada, CA5,37719595%
Diboll, TX5,37782-18%
Ridgefield, WA5,37312727%
Bluefield, VA5,37586-14%
Source: The Bluefield, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.