Cost Of Living in Hot Springs, VA

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6%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

28%

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	Hot Springs	Virginia	National
Cost of living	94	111	100
Groceries	103	103	100
Health care	102	103	100
Housing	72	129	100
Transportation	103	105	100
Utilities	104	104	100
Lifestyle & Entertainment	105	103	100
Household Items	104	102	100
Education & Childcare	103	109	100

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Homes For Sale In Hot Springs, VA

tbd Spring Hill Rd

, VA

5614 Hot Springs Rd

Hot Springs, VA

5642 Sam Snead Hwy

Hot Springs, VA

Tract 12 Delafield Rd

Hot Springs, VA

Cost Of Living Quick Facts

The cost of living in Hot Springs is 16% lower than the Virginia average
The cost of living in Hot Springs is 6% lower than the national average
Hot Springs housing is 28% lower 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

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Price difference in compared to

Cost of living index
Groceries index
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	$0	$0	$0	$0
Renters	$0	$0	$0	$0

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.
Low Moor, VA	345	103	3.5%
Warm Springs, VA	0	103	3.5%
Huntersville, WV	106	85	15.1%
Selma, VA	512	86	14.1%
Iron Gate, VA	404	89	11.1%
Hot Springs, VA	609	94	6.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Red Feather Lakes, CO	609	116	16.2%
Packwood, IA	609	79	21.1%
Georgetown, ID	609	94	5.9%
Willisville, IL	609	83	17.4%
Clarks, LA	609	81	18.6%
Hot Springs, VA	609	94	6.1%

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.

Cost of Living in Hot Springs, VA

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