B
Overall 9%
Goods & Services 4%
Housing 25%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexBensleyVirginiaNational
Cost of living91107100
Goods & Services10499100
Groceries9096100
Health care10297100
Housing75130100
Transportation8790100
Utilities100100100

Key findings

  • The cost of living in Bensley is 15% lower than the Virginia average
  • The cost of living in Bensley is 9% lower than the national average
  • Bensley housing is 25% lower than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 19% lower than the national average

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Compare Bensley, 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
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$45,427$3,786$1,060$1,363
      Renters$29,401$2,450$686$882
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bensley, 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 Bensley homeowners, is $45,427. This would allow for a maximum of $1,060 per month to be spent on housing costs. For renters, the median monthly income is $29,401 which would result in a maximum of $686 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%

      Goods & Services

      ItemBensleyNational avg.Difference
      Haircut $19.83$17.4913.4%
      Beauty Salon $46.00$38.1720.5%
      Toothpaste $1.89$2.3218.6%
      Shampoo $0.96$1.015.1%
      Movie $11.59$10.728.1%
      Bowling $17.25$13.8624.4%

      Groceries

      ItemBensleyNational avg.Difference
      Ground Beef $3.39$3.9013.1%
      Fried Chicken $1.05$1.4024.8%
      Milk $1.54$1.9621.5%
      Potatoes $3.35$3.185.2%
      Pizza $10.18$10.392.1%
      Beer $9.93$9.237.6%

      Health Care

      ItemBensleyNational avg.Difference
      Optometrist $119.10$106.3412.0%
      Doctor $134.64$115.2516.8%
      Dentist $94.15$98.384.3%
      Ibuprofen $9.06$9.262.2%
      Lipitor $431.49$466.477.5%

      Housing

      ItemBensleyNational avg.Difference
      Home Price $131,900.00$184,700.0028.6%
      Avg. Mortgage Payment $1,049.64$1,273.3217.6%
      Apartment Rent $797.00$949.0016.0%

      Transportation

      ItemBensleyNational avg.Difference
      Gasoline $2.34$2.599.8%
      Tire Balancing $41.46$48.9015.2%

      Utilities

      ItemBensleyNational avg.Difference
      All Electricity$173.34$167.603.4%
      Phone $175.14$163.427.2%
      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.
      Hopewell, VA22,33291-9%
      Montrose, VA7,90991-9%
      Bellwood, VA6,08292-8%
      Sandston, VA6,88393-7%
      Highland Springs, VA16,27693-7%
      Bensley, VA6,03191-9%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Larchmont, NY6,031223123%
      Cut Off, LA6,03289-11%
      Fair Haven, NJ6,03318989%
      Estherville, IA6,02785-15%
      Waupaca, WI6,02688-12%
      Bensley, VA6,03191-9%
      Source: The Bensley, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.