Maymont, Virginia Cost Of Living

Buy Rent

B-

Overall 7%

Goods & Services 2%

Housing 21%

Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Maymont	Richmond	Virginia
Cost of living	93	101	107
Goods & Services	102	102	100
Groceries	92	92	96
Health care	107	107	100
Housing	79	104	130
Transportation	93	93	93
Utilities	102	102	97

Key findings

The cost of living in Maymont is 14% lower than the Richmond average
The cost of living in Maymont is 7% lower than the national average
Maymont housing is 21% lower than the national average
Virginia general sales tax is 4% higher than the national average
Virginia state income tax is 19% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$25,938	$2,162	$605	$778

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%

Goods & Services

Item	Richmond	National avg.	Difference
Haircut	$22.29	$20.27	10.0%
Beauty Salon	$49.83	$40.39	23.4%
Toothpaste	$1.86	$2.36	21.2%
Shampoo	$1.03	$1.08	4.0%
Movie	$11.35	$10.99	3.3%
Bowling	$18.67	$15.49	20.5%

Groceries

Item	Richmond	National avg.	Difference
Ground Beef	$3.77	$4.30	12.3%
Fried Chicken	$1.08	$1.40	22.8%
Milk	$1.72	$2.20	22.1%
Potatoes	$3.59	$3.22	11.5%
Pizza	$10.26	$10.74	4.5%
Beer	$9.79	$9.60	2.0%

Health Care

Item	Richmond	National avg.	Difference
Optometrist	$113.52	$109.73	3.5%
Doctor	$147.87	$118.34	25.0%
Dentist	$106.38	$100.94	5.4%
Ibuprofen	$9.74	$9.93	2.0%
Lipitor	$447.69	$469.53	4.7%

Housing

Item	Richmond	National avg.	Difference
Home Price	$199,300.00	$184,700.00	7.9%
Avg. Mortgage Payment	$1,067.73	$1,229.62	13.2%
Apartment Rent	$916.00	$949.00	3.5%

Transportation

Item	Richmond	National avg.	Difference
Gasoline	$2.54	$2.71	6.1%
Tire Balancing	$47.60	$51.86	8.2%

Utilities

Item	Richmond	National avg.	Difference
All Electricity	$180.41	$170.84	5.6%
Phone	$181.35	$187.18	3.1%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Montrose, VA	7,909	92	-8%
Bensley, VA	6,031	92	-8%
Bellwood, VA	6,082	93	-7%
Sandston, VA	6,883	93	-7%
Highland Springs, VA	16,276	93	-7%
Richmond, VA	216,773	101	1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Boise, ID	218,677	99	-1%
San Bernardino, CA	214,581	106	6%
Des Moines, IA	212,859	85	-15%
Birmingham, AL	212,424	86	-14%
Spokane, WA	212,078	99	-1%
Richmond, VA	216,773	101	1%

Source: The Maymont, Richmond, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.

Maymont, Richmond, VA Cost of Living