Cost of Living in Bedford, VA

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3%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
18%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Bedford Virginia National
Cost of living97111100
Groceries101103100
Health care104103100
Housing82129100
Transportation102105100
Utilities105104100
Lifestyle & Entertainment107103100
Household Items103102100
Education & Childcare110109100
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Homes For Sale In Bedford, VA

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0 Cifax

Bedford, VA
property for sale

134 Villa Oak Cir

Bedford, VA
property for sale

36 Crossing CT

Bedford, VA
property for sale

35 Crossing CT

Bedford, VA
See the Newest Homes For Sale In Bedford, VA

Cost Of Living Quick Facts

  • The cost of living in Bedford is 13% lower than the Virginia average
  • The cost of living in Bedford is 3% lower than the national average
  • Bedford housing is 18% lower than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Bedford

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Compare Bedford, VA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$93,487$7,791$2,181$2,805
      Renters$43,810$3,651$1,022$1,314
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Bedford, VA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Bedford, homeowners have a median income of $93,487. Using that number, a maximum of $2,181 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $43,810, which means there is a maximum of $1,022 to be spent on the costs of renting a home or apartment.

      Virginia Sales Tax

      State General Sales Tax With Max Surtax
      Virginia 5.3% 6%

      Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      Virginia 2% 5.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Altavista, VA3,531927.9%
      Buchanan, VA1,214946.3%
      Montvale, VA502954.9%
      Big Island, VA178963.5%
      Forest, VA11,4701109.9%
      Bedford, VA6,790972.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Southgate, FL6,78911919.1%
      Mount Vernon, IN6,7899010.3%
      Oak View, CA6,79116464.2%
      Desert Palms, CA6,78814544.6%
      Cedarhurst, NY6,78616261.7%
      Bedford, VA6,790972.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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