Mantua 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.
IndexMantuaVirginiaNational
Cost of living index167108100
IndexMantuaVirginiaNational
Goods & Services index98100100
Groceries index11294100
Health care index9499100
Housing index316133100
Transportation index12193100
Utilities index98100100
An overview of the general cost of living index for Mantua, VA is displayed above for your reference. Residents in Mantua, VA enjoy a cost of living index of 167. This index is 55% higher than the Virginia average, and 67% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Mantua, VA, the average cost of goods and services is 2% lower than it is in Virginia, and it is 2% lower than the national average.

Did you know?

  • The cost of living in Mantua is 55% higher than the Virginia average.
  • The cost of living in Mantua is 67% higher than the national average.
  • The cost of housing in Mantua is 216% 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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Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Mantua, VA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Mantua, VA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Mantua, VA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$164,397$13,700$3,836$4,932
Renters$59,911$4,993$1,398$1,798
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Mantua, VA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Mantua, VA has a median income of about $164,397 for people who own homes. Based on that number, a person should spend a maximum of $3,836 on expenses related to housing. Renters have a slightly different median income, which is $59,911. Based on this average, renters should spend no more than $1,398 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Mantua, 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

ItemMantuaNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $53.25$34.6853.5%
Toothpaste $2.24$2.479.4%
Shampoo $1.02$1.020.2%
Movie $12.71$9.8728.8%
Bowling $5.38$4.3922.5%

Groceries

ItemMantuaNational avg.Difference
Ground Beef $3.49$4.4822.0%
Fried Chicken $1.66$1.4613.4%
Milk $2.68$2.3613.7%
Potatoes $3.69$3.0620.5%
Pizza $8.00$9.2413.4%
Beer $9.29$8.637.6%

Health Care

ItemMantuaNational avg.Difference
Optometrist $73.50$99.7826.3%
Doctor $87.20$105.0317.0%
Dentist $86.40$88.702.6%
Ibuprofen $11.38$9.4120.9%
Lipitor $293.64$298.501.6%

Housing

ItemMantuaNational avg.Difference
Home Price $655,700.00$175,700.00273.2%
Avg. Mortgage Payment $2,743.63$1,081.03153.8%
Apartment Rent $1,688.00$920.0083.5%

Transportation

ItemMantuaNational avg.Difference
Gasoline $2.59$2.0923.8%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemMantuaNational avg.Difference
All Electricity$167.80$170.801.8%
Phone $27.32$28.263.3%
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.
Woodlawn, VA2,08286-14%
Belle Haven, VA37695-5%
Glassmanor, MD18,3891077%
Langley Park, MD21,3181066%
Bull Run, VA14,5701088%
Mantua, VA7,48716767%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
North Springfield, VA7,48713434%
Clinton, MA7,48812626%
Willow Street, PA7,48511414%
Flatwoods, KY7,48382-18%
Franklin, LA7,48381-19%
Mantua, VA7,48716767%
Source: The Mantua, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.