Cost of Living in Mount Hermon, VA

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A+
0%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
8%
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 Mount Hermon Virginia National
Cost of living100111100
Groceries102103100
Health care105103100
Housing92129100
Transportation103105100
Utilities102104100
Lifestyle & Entertainment102103100
Household Items104102100
Education & Childcare107109100
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Homes For Sale In Mount Hermon, VA

property for sale

407 Jeanette Dr

Danville, VA
property for sale

350 Laurel Woods Dr

Danville, VA
property for sale

358 Laurel Woods Dr

Danville, VA
property for sale

105 Northridge Dr

Danville, VA

Cost Of Living Quick Facts

  • The cost of living in Mount Hermon is 10% lower than the Virginia average
  • The cost of living in Mount Hermon is equal to the national average
  • Mount Hermon housing is 8% 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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      Salary Calculator

      This is how much you would need to earn in
      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$121,970$10,164$2,846$3,659
      Renters$96,120$8,010$2,243$2,884
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Mount Hermon, VA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Mount Hermon homeowners, is $121,970. This would allow for a maximum of $2,846 per month to be spent on housing costs. For renters, the median monthly income is $96,120 which would result in a maximum of $2,243 to be spent on rental costs.

      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.
      Danville, VA41,7839010.3%
      Milton, NC245936.5%
      Blairs, VA836963.9%
      Chatham, VA1,803973.5%
      Mount Hermon, VA4,5311000.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Skyline View, PA4,5311087.6%
      Beecher, IL4,5321011.2%
      Dilley, TX4,5328812.1%
      Crestline, OH4,5298119.0%
      Falfurrias, TX4,5298019.7%
      Mount Hermon, VA4,5311000.1%
      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.
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