Cost of Living in Phenix, VA

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11%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
48%
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 Phenix Virginia National
Cost of living89111100
Groceries101103100
Health care104103100
Housing52129100
Transportation102105100
Utilities105104100
Lifestyle & Entertainment107103100
Household Items103102100
Education & Childcare110109100
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Homes For Sale In Phenix, VA

property for sale

148 Mount Zion Rd

Phenix, VA
property for sale

2809 Hillcroft Rd

Charlotte Court House, VA
property for sale

1126 Red House Rd

Phenix, VA
property for sale

851 Tola Rd

Phenix, VA

Cost Of Living Quick Facts

  • The cost of living in Phenix is 20% lower than the Virginia average
  • The cost of living in Phenix is 11% lower than the national average
  • Phenix housing is 48% 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

Most Affordable Places to Live in and Around Phenix

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$72,711$6,059$1,696$2,182
      Renters$0$0$0$0

      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.
      Nathalie, VA521044.1%
      Keysville, VA8339010.4%
      Pamplin City, VA55918.6%
      Brookneal, VA956928.2%
      Drakes Branch, VA536937.1%
      Phenix, VA3878911.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Winslow, AR3878118.8%
      Pioneer, FL387918.9%
      Mondamin, IA3878515.5%
      Nichols, IA3878317.2%
      Eastlake, MI3878316.8%
      Phenix, VA3878911.5%
      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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