Cost of Living in New Market, VA

Get 300+ Local Insights for Any Address in New Market, VA

Get Access to 300+ Local Data Points
A
5%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
6%
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 New Market Virginia National
Cost of living105111100
Groceries102103100
Health care105103100
Housing106129100
Transportation102105100
Utilities107104100
Lifestyle & Entertainment107103100
Household Items104102100
Education & Childcare108109100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In New Market, VA

property for sale

9943 Massanutten Ave

New Market, VA
property for sale

919 Clicks Ln

New Market, VA
property for sale

574 Jiggady Rd

New Market, VA
property for sale

2114 E Lee Hwy

New Market, VA

Cost Of Living Quick Facts

  • The cost of living in New Market is 6% lower than the Virginia average
  • The cost of living in New Market is 5% higher than the national average
  • New Market housing is 6% 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 New Market

See all the best places to live around New Market

Compare New Market, VA Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in New Market?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in New Market?
      Write a review to give others more information about this area.
      See all New Market poll results

      The best places in Virginia

      Here are the best places to live in VirginiaCheck out the 10 most dangerous cities in VirginiaSafest States In The USSafest Cities In The US
      Best Places in Virginia

      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$113,458$9,455$2,647$3,404
      Renters$50,348$4,196$1,175$1,511

      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.
      Mount Jackson, VA2,337964.5%
      Stanley, VA2,223981.6%
      Shenandoah, VA3,003991.3%
      Timberville, VA2,766991.3%
      Luray, VA5,0021000.5%
      New Market, VA2,2501054.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Lake Butler city, FL2,2508514.9%
      West End, NY2,2501010.8%
      Chester, WV2,2508911.2%
      Mount Vernon, KY2,2498217.9%
      Clatskanie, OR2,2491032.5%
      New Market, VA2,2501054.9%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026