Fishersville 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.
IndexFishersvilleVirginiaNational
Cost of living index105108100
IndexFishersvilleVirginiaNational
Goods & Services index95100100
Groceries index9194100
Health care index9499100
Housing index128133100
Transportation index9193100
Utilities index105100100
A general overview of the cost of living index for Fishersville, VA is displayed above. In Fishersville, VA, the overall cost of living index is 105, which is 3% lower than the Virginia average and 5% higher 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 Fishersville, VA, the city's goods and services are 5% lower than the Virginia average and 5% lower than the U.S. average.

Did you know?

  • The cost of living in Fishersville is 3% lower than the Virginia average.
  • The cost of living in Fishersville is 5% higher than the national average.
  • The cost of housing in Fishersville is 28% 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.

Find Real Estate Listings In Fishersville

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Fishersville

Compare Fishersville, VA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current salary in Fishersville, VA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Fishersville, VA, then you would need to earn more income in order to maintain the same standard of living. To use the Fishersville, VA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$72,584$6,049$1,694$2,178
Renters$40,931$3,411$955$1,228
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Fishersville, 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 Fishersville, VA homeowners, is $72,584. This would allow for a maximum of $1,694 per month to be spent on housing costs. For renters, the median monthly income is $40,931 which would result in a maximum of $955 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 you are determining the total cost of living in Fishersville, VA you will want to make sure you consider both the Virginia sales tax and the Virginia income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Virginia is 5.3%, with the highest surtax being 6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Virginia have a range from 2% to 5.75%.

Goods & Services

ItemFishersvilleNational avg.Difference
Haircut $11.25$14.5922.9%
Beauty Salon $27.60$34.6820.4%
Toothpaste $1.83$2.4726.0%
Shampoo $0.92$1.0210.0%
Movie $10.00$9.871.3%
Bowling $3.75$4.3914.6%

Groceries

ItemFishersvilleNational avg.Difference
Ground Beef $4.77$4.486.6%
Fried Chicken $1.27$1.4613.3%
Milk $2.13$2.369.6%
Potatoes $2.77$3.069.5%
Pizza $9.00$9.242.6%
Beer $9.44$8.639.3%

Health Care

ItemFishersvilleNational avg.Difference
Optometrist $115.00$99.7815.3%
Doctor $89.57$105.0314.7%
Dentist $76.67$88.7013.6%
Ibuprofen $8.24$9.4112.5%
Lipitor $329.72$298.5010.5%

Housing

ItemFishersvilleNational avg.Difference
Home Price $245,800.00$175,700.0039.9%
Avg. Mortgage Payment $991.33$1,081.038.3%
Apartment Rent $918.00$920.000.2%

Transportation

ItemFishersvilleNational avg.Difference
Gasoline $1.96$2.096.1%
Tire Balancing $37.12$45.2918.0%

Utilities

ItemFishersvilleNational avg.Difference
All Electricity$163.45$170.804.3%
Phone $33.36$28.2618.1%
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.
Churchville, VA6095-5%
Sherando, VA58487-13%
Jolivue, VA1,28288-12%
Harriston, VA1,01289-11%
Crimora, VA1,99791-9%
Fishersville, VA7,5671055%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Plymouth, MA7,56713636%
Laughlin, NV7,56788-12%
Hillcrest, NY7,56613939%
Schriever, LA7,56487-13%
Joshua Tree, CA7,56492-8%
Fishersville, VA7,5671055%
Source: The Fishersville, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.