Buckhall 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.
IndexBuckhallVirginiaNational
Cost of living index138109100
IndexBuckhallVirginiaNational
Goods & Services index117100100
Groceries index11595100
Health care index98101100
Housing index204133100
Transportation index10893100
Utilities index90100100
Here we can see a simple outline of the cost of living in Buckhall, VA. As you can see, with the average cost of living in Buckhall, VA being 138, that puts it 27% higher than the average of Virginia and 38% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Buckhall, VA, the price of goods and services are 17% higher than the average of Virginia as well as 17% higher than the nation's average.

Did you know?

  • The cost of living in Buckhall is 27% higher than the Virginia average.
  • The cost of living in Buckhall is 38% higher than the national average.
  • The cost of housing in Buckhall is 104% higher 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 Buckhall, VA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Buckhall, VA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Buckhall, VA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Buckhall, VA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$129,944$10,829$3,032$3,899
Renters$91,648$7,637$2,138$2,750
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Buckhall, 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 Buckhall, VA homeowners, is $129,944. This would allow for a maximum of $3,032 per month to be spent on housing costs. For renters, the median monthly income is $91,648 which would result in a maximum of $2,138 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%
The Virginia sales tax and Virginia income tax rates should definitely be considered when determining the overall cost of living in Buckhall, VA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Virginia sales tax is 5.3% and the maximum surtax is 6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Virginia income tax rates range from 2% to 5.75%.

Goods & Services

ItemBuckhallNational avg.Difference
Haircut $20.83$15.5633.8%
Beauty Salon $58.39$36.1161.7%
Toothpaste $2.89$2.4716.9%
Shampoo $0.88$0.968.5%
Movie $12.00$10.1318.5%
Bowling $5.45$4.7415.1%

Groceries

ItemBuckhallNational avg.Difference
Ground Beef $3.72$3.986.6%
Fried Chicken $1.79$1.4127.2%
Milk $2.35$2.0613.7%
Potatoes $3.81$2.9827.9%
Pizza $9.79$9.473.3%
Beer $9.99$8.7913.6%

Health Care

ItemBuckhallNational avg.Difference
Optometrist $74.83$101.0425.9%
Doctor $96.39$107.4410.3%
Dentist $93.78$90.423.7%
Ibuprofen $8.92$9.283.8%
Lipitor $443.00$426.503.9%

Housing

ItemBuckhallNational avg.Difference
Home Price $382,600.00$175,700.00117.8%
Avg. Mortgage Payment $2,698.56$1,133.23138.1%
Apartment Rent $1,573.00$920.0071.0%

Transportation

ItemBuckhallNational avg.Difference
Gasoline $2.20$1.9910.6%
Tire Balancing $46.05$45.760.6%

Utilities

ItemBuckhallNational avg.Difference
All Electricity$141.47$163.8113.6%
Phone $27.32$28.393.8%
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.
Calverton, VA17511010%
Dumfries, VA5,1221088%
Quantico Base, VA6,65611212%
Quantico, VA44611414%
Bull Run, VA14,57011616%
Buckhall, VA17,26513838%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
North Babylon, NY17,26214444%
Durango, CO17,26812323%
Cocoa, FL17,26185-15%
Shafter, CA17,2611022%
Jenison, MI17,27193-7%
Buckhall, VA17,26513838%
Source: The Buckhall, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.