Danville 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.
Cost of living index78108100
Goods & Services index81100100
Groceries index9696100
Health care index95100100
Housing index53130100
Transportation index8291100
Utilities index104101100
A general summary of the cost of living index in Danville, VA is shown above. Compared to the state average of Virginia the cost of living index in Danville, VA is 78, which is 28% lower than the average in Virginia and compared to the national average it is 22% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Danville, VA goods and services come in at 19% lower than the average in Virginia and are 19% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Danville is 28% lower than the Virginia average.
  • The cost of living in Danville is 22% lower than the national average.
  • The cost of housing in Danville is 47% 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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Compare Danville, 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
Using the salary calculator lets you compare the salary you earn in Danville, VA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Danville, VA, you have to earn a higher income in order to still have the same standard of living. To operate the Danville, VA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
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 Danville, 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. Danville, VA has a median income of about $45,199 for people who own homes. Based on that number, a person should spend a maximum of $1,055 on expenses related to housing. Renters have a slightly different median income, which is $23,540. Based on this average, renters should spend no more than $549 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

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Danville, 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

ItemDanvilleNational avg.Difference
Haircut $13.50$16.0916.1%
Beauty Salon $24.67$37.3333.9%
Toothpaste $2.42$2.451.1%
Shampoo $0.84$1.0016.0%
Movie $10.00$10.282.7%
Bowling $4.00$4.9318.9%


ItemDanvilleNational avg.Difference
Ground Beef $3.16$3.8016.8%
Fried Chicken $1.49$1.406.9%
Milk $1.92$2.014.5%
Potatoes $2.70$3.0110.4%
Pizza $8.49$9.8914.1%
Beer $8.53$8.904.1%

Health Care

ItemDanvilleNational avg.Difference
Optometrist $97.00$102.165.0%
Doctor $98.00$108.369.6%
Dentist $90.25$92.532.5%
Ibuprofen $8.51$9.288.3%
Lipitor $418.51$425.821.7%


ItemDanvilleNational avg.Difference
Home Price $90,800.00$184,700.0050.8%
Avg. Mortgage Payment $961.37$1,202.4420.0%
Apartment Rent $602.00$949.0036.6%


ItemDanvilleNational avg.Difference
Gasoline $1.95$2.2413.3%
Tire Balancing $34.17$46.2926.2%


ItemDanvilleNational avg.Difference
All Electricity$180.98$165.969.0%
Phone $28.50$28.680.7%
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.
Yanceyville, NC2,08876-24%
Milton, NC18778-22%
Ruffin, NC29878-22%
Blairs, VA88583-17%
Mount Hermon, VA4,15987-13%
Danville, VA42,36078-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Oro Valley, AZ42,37911212%
Rancho Palos Verdes, CA42,412215115%
Burke, VA42,29015454%
Bentonville, AR42,49995-5%
Beaumont, CA42,19111818%
Danville, VA42,36078-22%
Source: The Danville, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.