Cost of Living in Hollymead, VA

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D-
25%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
72%
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 Hollymead Virginia National
Cost of living125111100
Groceries104103100
Health care104103100
Housing172129100
Transportation103105100
Utilities106104100
Lifestyle & Entertainment101103100
Household Items104102100
Education & Childcare106109100
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Homes For Sale In Hollymead, VA

property for sale

1198 Sablewood Dr

Charlottesville, VA
property for sale

3706 Thicket Run Pl

Charlottesville, VA
property for sale

3297 Thicket Run Dr

Charlottesville, VA
property for sale

315 Pleasant Pl

Charlottesville, VA

Cost Of Living Quick Facts

  • The cost of living in Hollymead is 12% higher than the Virginia average
  • The cost of living in Hollymead is 25% higher than the national average
  • Hollymead housing is 72% 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 Hollymead

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      Salary Calculator

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      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$166,002$13,834$3,873$4,981
      Renters$85,684$7,140$1,999$2,571
      A good way to judge both the affordability of the housing and the cost of living in Hollymead is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hollymead has a median income of about $166,002 for people who own homes. Based on that number, a maximum of $3,873 should be spent on expenses related to housing. Renters have a slightly different median income, which is $85,684. Based on this average, renters should spend no more than $1,999 on all rental costs if they want to maintain a non-impoverished standard of living.

      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.
      Free Union, VA891044.0%
      Gordonsville, VA2,0401043.7%
      Twin Lakes, VA1,5661055.2%
      Stanardsville, VA5061087.7%
      Ruckersville, VA1,2821099.0%
      Hollymead, VA8,69212524.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Calumet Park, IL8,694937.5%
      Alamo Heights, TX8,69515858.3%
      Castlegar, BC8,697n/a 
      Miles City, MT8,698990.9%
      Warrenton, MO8,685919.0%
      Hollymead, VA8,69212524.5%
      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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