Cost of Living in Penhook, VA

Get 300+ Local Insights for Any Address in Penhook, VA

Get Access to 300+ Local Data Points
F
49%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
155%
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 Penhook Virginia National
Cost of living149111100
Groceries103103100
Health care102103100
Housing255129100
Transportation103105100
Utilities104104100
Lifestyle & Entertainment105103100
Household Items104102100
Education & Childcare103109100
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 Penhook, VA

property for sale

25 Findlay Cir

Penhook, VA
property for sale

145 Bridleridge Rd

Penhook, VA
property for sale

30 Island Green Dr #04

Penhook, VA
property for sale

255 Plantation Dr

Penhook, VA

Cost Of Living Quick Facts

  • The cost of living in Penhook is 34% higher than the Virginia average
  • The cost of living in Penhook is 49% higher than the national average
  • Penhook housing is 155% 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 Penhook

See all the best places to live around Penhook

Compare Penhook, VA Cost of Living

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

      The best places in Virginia

      Here are the best places to live in VirginiaThese are the largest cities in VirginiaMost Dangerous States In The USMost Dangerous 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$148,199$12,350$3,458$4,446
      Renters$61,149$5,096$1,427$1,835

      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.
      Henry Fork, VA1,171927.6%
      Rocky Mount, VA4,828964.1%
      Chatham, VA1,803973.5%
      Westlake Corner, VA1,80112121.4%
      North Shore, VA3,14814039.6%
      Penhook, VA1,38214948.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rock Port, MO1,3828514.9%
      Bridgeport, NY1,3828911.2%
      Colchester, IL1,3838416.0%
      Chocowinity, NC1,3818415.9%
      Crugers, NY1,38313939.1%
      Penhook, VA1,38214948.9%
      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