Cost Of Living in Oak Level, VA

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A+

10%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

41%

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	Oak Level	Virginia	National
Cost of living	90	111	100
Groceries	102	103	100
Health care	105	103	100
Housing	59	129	100
Transportation	103	105	100
Utilities	102	104	100
Lifestyle & Entertainment	102	103	100
Household Items	104	102	100
Education & Childcare	107	109	100

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Homes For Sale In Oak Level, VA

316 Oak Ridge Dr

Bassett, VA

445 Jessteen Ln

Bassett, VA

575 Colonial Hill Dr

Bassett, VA

Faulkner Dr

Bassett, VA

Cost Of Living Quick Facts

The cost of living in Oak Level is 19% lower than the Virginia average
The cost of living in Oak Level is 10% lower than the national average
Oak Level housing is 41% 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	$44,917	$3,743	$1,048	$1,348
Renters	$40,635	$3,386	$948	$1,219

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.
Ferrum, VA	2,202	87	12.6%
Martinsville, VA	13,146	88	12.4%
Fieldale, VA	1,125	88	12.1%
Collinsville, VA	7,198	90	10.2%
Bassett, VA	923	90	9.8%
Oak Level, VA	482	90	10.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Lisman, AL	482	81	18.7%
San Jose, AZ	482	91	9.0%
Parker, ID	482	104	3.7%
Oakland, MS	482	85	14.9%
Topsail Beach, NC	482	144	43.7%
Oak Level, VA	482	90	10.1%

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 Oak Level, VA

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Virginia Sales Tax

Virginia Income Tax

Nearby cities with low cost of living

Cities with similar population