Cost of Living in Floyd, VA

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A-
7%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
15%
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 Floyd Virginia National
Cost of living107111100
Groceries103103100
Health care104103100
Housing115129100
Transportation102105100
Utilities104104100
Lifestyle & Entertainment100103100
Household Items103102100
Education & Childcare103109100
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Homes For Sale In Floyd, VA

property for sale

4589 Franklin Pike SE

Floyd, VA
property for sale

3767 Franklin Pike SE

Floyd, VA
property for sale

183 Pine Mountain Rd NE

Floyd, VA
property for sale

213 Christiansburg Pike NE

Floyd, VA

Cost Of Living Quick Facts

  • The cost of living in Floyd is 4% lower than the Virginia average
  • The cost of living in Floyd is 7% higher than the national average
  • Floyd housing is 15% higher 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 Floyd

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$113,064$9,422$2,638$3,392
      Renters$42,196$3,516$985$1,266

      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.
      Snowville, VA681032.8%
      Plum Creek, VA1,0929010.0%
      Radford, VA18,4181000.3%
      Riner, VA1,24112423.7%
      Floyd, VA5431076.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Key Colony Beach, FL54315453.6%
      Strasburg, IL5438713.4%
      Danville, MD543946.2%
      Bull Creek, MO5437921.5%
      Urich, MO5438019.5%
      Floyd, VA5431076.6%
      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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