Buena Vista 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.
IndexBuena VistaVirginiaNational
Cost of living index88108100
IndexBuena VistaVirginiaNational
Goods & Services index102100100
Groceries index8996100
Health care index99100100
Housing index65130100
Transportation index9491100
Utilities index105101100
An overview of the general cost of living index for Buena Vista, VA is displayed above for your reference. Residents in Buena Vista, VA enjoy a cost of living index of 88. This index is 18% lower than the Virginia average, and 12% lower 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 Buena Vista, VA, the average cost of goods and services is 2% higher than it is in Virginia, and it is 2% higher than the national average.

Did you know?

  • The cost of living in Buena Vista is 18% lower than the Virginia average.
  • The cost of living in Buena Vista is 12% lower than the national average.
  • The cost of housing in Buena Vista is 35% lower 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
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Buena Vista, VA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Buena Vista, VA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Buena Vista, VA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Buena Vista, VA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Buena Vista, VA have a median income of $34,768. Therefore, the amount that a consumer should spend on housing costs should be no more than $811 per month to avoid calamity and poverty. The renters in the city have an income of about $20,717, which would make their monthly maximum allowable rental costs $483.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Buena Vista, VA and want to know what the true cost of living is, they ought to look at both the Virginia income tax rate and the Virginia sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Virginia, the sales tax is 5.3%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Virginia, the income tax rate ranges between 2% to 5.75%.

Goods & Services

ItemBuena VistaNational avg.Difference
Haircut $16.78$16.094.3%
Beauty Salon $34.89$37.336.5%
Toothpaste $1.94$2.4520.7%
Shampoo $0.85$1.0015.4%
Movie $7.96$10.2822.5%
Bowling $4.02$4.9318.6%


ItemBuena VistaNational avg.Difference
Ground Beef $3.81$3.800.2%
Fried Chicken $1.05$1.4024.5%
Milk $1.89$2.015.9%
Potatoes $2.41$3.0119.8%
Pizza $10.64$9.897.7%
Beer $8.70$8.902.2%

Health Care

ItemBuena VistaNational avg.Difference
Optometrist $106.11$102.163.9%
Doctor $101.63$108.366.2%
Dentist $95.57$92.533.3%
Ibuprofen $8.57$9.287.7%
Lipitor $417.90$425.821.9%


ItemBuena VistaNational avg.Difference
Home Price $112,400.00$184,700.0039.1%
Avg. Mortgage Payment $1,086.20$1,202.449.7%
Apartment Rent $709.00$949.0025.3%


ItemBuena VistaNational avg.Difference
Gasoline $2.10$2.246.4%
Tire Balancing $43.69$46.295.6%


ItemBuena VistaNational avg.Difference
All Electricity$173.64$165.964.6%
Phone $30.15$28.685.1%
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.
Big Island, VA24680-20%
Glasgow, VA1,22188-12%
Lexington, VA7,0361022%
East Lexington, VA1,1301033%
Buena Vista, VA6,61088-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Barnesville, GA6,61188-12%
Horseheads, NY6,60889-11%
West Point, NY6,60618383%
Tecumseh, OK6,61485-15%
Orange Lake, NY6,61512424%
Buena Vista, VA6,61088-12%
Source: The Buena Vista, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.