Glasgow, Virginia Cost Of Living

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B+

Overall 14%

Goods & Services 1%

Housing 38%

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.
Index	Glasgow	Virginia	National
Cost of living	86	107	100
Goods & Services	99	99	100
Groceries	87	96	100
Health care	98	97	100
Housing	62	130	100
Transportation	89	90	100
Utilities	107	100	100

Key findings

The cost of living in Glasgow is 19% lower than the Virginia average
The cost of living in Glasgow is 14% lower than the national average
Glasgow housing is 38% 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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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$44,375	$3,698	$1,035	$1,331
Renters	$48,500	$4,042	$1,132	$1,455

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%

Goods & Services

Item	Glasgow	National avg.	Difference
Haircut	$17.00	$17.49	2.8%
Beauty Salon	$36.67	$38.17	3.9%
Toothpaste	$1.78	$2.32	23.3%
Shampoo	$0.92	$1.01	9.1%
Movie	$8.00	$10.72	25.4%
Bowling	$11.50	$13.86	17.0%

Groceries

Item	Glasgow	National avg.	Difference
Ground Beef	$3.27	$3.90	16.2%
Fried Chicken	$1.09	$1.40	21.9%
Milk	$1.79	$1.96	8.8%
Potatoes	$2.49	$3.18	21.8%
Pizza	$11.50	$10.39	10.6%
Beer	$9.96	$9.23	7.9%

Health Care

Item	Glasgow	National avg.	Difference
Optometrist	$107.50	$106.34	1.1%
Doctor	$103.00	$115.25	10.6%
Dentist	$99.25	$98.38	0.9%
Ibuprofen	$8.81	$9.26	4.9%
Lipitor	$489.68	$466.47	5.0%

Housing

Item	Glasgow	National avg.	Difference
Home Price	$95,500.00	$184,700.00	48.3%
Avg. Mortgage Payment	$1,119.80	$1,273.32	12.1%
Apartment Rent	$823.00	$949.00	13.3%

Transportation

Item	Glasgow	National avg.	Difference
Gasoline	$2.51	$2.59	3.0%
Tire Balancing	$38.00	$48.90	22.3%

Utilities

Item	Glasgow	National avg.	Difference
All Electricity	$194.39	$167.60	16.0%
Phone	$175.14	$163.42	7.2%

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, State	Population	Cost of Living Index	National Avg.
Big Island, VA	246	80	-20%
Buena Vista, VA	6,610	87	-13%
Buchanan, VA	1,094	87	-13%
Lexington, VA	7,036	101	1%
East Lexington, VA	1,130	101	1%
Glasgow, VA	1,221	86	-14%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Creighton, NE	1,221	80	-20%
Barrackville, WV	1,221	85	-15%
San Miguel, NM	1,221	79	-21%
Howey-in-the-Hills, FL	1,222	96	-4%
Waverly, IL	1,222	85	-15%
Glasgow, VA	1,221	86	-14%

Source: The Glasgow, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Glasgow, VA Cost of Living

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