Mantua 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.
IndexMantuaVirginiaNational
Cost of living index173107100
IndexMantuaVirginiaNational
Goods & Services index11299100
Groceries index12796100
Health care index9197100
Housing index317130100
Transportation index10690100
Utilities index98100100
An overview of the general cost of living index for Mantua, VA is displayed above for your reference. Residents in Mantua, VA enjoy a cost of living index of 173. This index is 61% higher than the Virginia average, and 73% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Mantua, VA, the average cost of goods and services is 14% higher than it is in Virginia, and it is 12% higher than the national average.
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Did you know?

  • The cost of living in Mantua is 61% higher than the Virginia average.
  • The cost of living in Mantua is 73% higher than the national average.
  • The cost of housing in Mantua is 217% higher 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.

Compare Mantua, VA Cost of living To Other Cities

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      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
      The salary calculator is meant to help you compare your salary in Mantua, VA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Mantua, VA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Mantua, VA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$172,414$14,368$4,023$5,173
      Renters$66,955$5,580$1,562$2,009
      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 Mantua, 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. Mantua, VA has a median income of about $172,414 for people who own homes. Based on that number, a person should spend a maximum of $4,023 on expenses related to housing. Renters have a slightly different median income, which is $66,955. Based on this average, renters should spend no more than $1,562 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
      Virginia5.3%6%

      Virginia Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Virginia2%5.75%
      When you are determining the total cost of living in Mantua, VA you will want to make sure you consider both the Virginia sales tax and the Virginia income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Virginia is 5.3%, with the highest surtax being 6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Virginia have a range from 2% to 5.75%.

      Goods & Services

      ItemMantuaNational avg.Difference
      Haircut $21.40$17.4922.4%
      Beauty Salon $55.50$38.1745.4%
      Toothpaste $2.79$2.3220.2%
      Shampoo $1.12$1.0110.7%
      Movie $13.15$10.7222.6%
      Bowling $22.00$13.8658.7%

      Groceries

      ItemMantuaNational avg.Difference
      Ground Beef $4.59$3.9017.7%
      Fried Chicken $1.59$1.4013.9%
      Milk $2.46$1.9625.4%
      Potatoes $4.66$3.1846.4%
      Pizza $11.99$10.3915.4%
      Beer $11.24$9.2321.8%

      Health Care

      ItemMantuaNational avg.Difference
      Optometrist $83.00$106.3421.9%
      Doctor $101.67$115.2511.8%
      Dentist $99.00$98.380.6%
      Ibuprofen $10.06$9.268.6%
      Lipitor $357.41$466.4723.4%

      Housing

      ItemMantuaNational avg.Difference
      Home Price $677,600.00$184,700.00266.9%
      Avg. Mortgage Payment $3,313.75$1,273.32160.2%
      Apartment Rent $1,903.00$949.00100.5%

      Transportation

      ItemMantuaNational avg.Difference
      Gasoline $2.80$2.598.0%
      Tire Balancing $52.00$48.906.4%

      Utilities

      ItemMantuaNational avg.Difference
      All Electricity$166.20$167.600.8%
      Phone $175.14$163.427.2%
      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, StatePopulationCost of Living IndexNational Avg.
      Rose Hill CDP (Lee County), VA70891-9%
      Woodlawn CDP (Carroll County), VA2,24793-7%
      Wakefield town, VA81098-2%
      Belle Haven town, VA5621011%
      Glassmanor, MD17,6081099%
      Mantua, VA7,49717373%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Charles City, IA7,49685-15%
      Dayton, TX7,49490-10%
      West Glens Falls, NY7,5011022%
      Sandwich, IL7,49198-2%
      Orland, CA7,5041099%
      Mantua, VA7,49717373%
      Source: The Mantua, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.