Cost Of Living in South Hill, VA

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7%

Overall NAT. AVG.

3%

Goods & Services NAT. AVG.

14%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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	South Hill	Virginia	National
Cost of living	93	109	100
Goods & Services	97	100	100
Groceries	103	101	100
Health care	106	99	100
Housing	86	130	100
Transportation	89	95	100
Utilities	89	104	100

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Cost Of Living Quick Facts

The cost of living in South Hill is 15% lower than the Virginia average
The cost of living in South Hill is 7% lower than the national average
South Hill housing is 14% 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
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)
Owners	$87,054	$7,255	$2,031	$2,612
Renters	$17,535	$1,461	$409	$526

To approximate the cost of living and the housing affordability in South Hill, VA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in South Hill have a median income of $87,054. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,031 per month to avoid calamity and poverty. The renters in the city have an income of about $17,535, which would make their monthly maximum allowable rental costs $409.

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	South Hill	National avg.	Difference
Haircut	$26.10	$24.26	7.6%
Beauty Salon	$53.19	$45.56	16.7%
Toothpaste	$3.81	$3.70	2.9%
Shampoo	$1.27	$1.28	0.8%
Movie	$12.67	$12.13	4.4%
Bowling	$20.20	$18.00	12.2%

Groceries

Item	South Hill	National avg.	Difference
Ground Beef	$6.13	$5.84	4.9%
Fried Chicken	$1.50	$1.57	4.4%
Milk	$4.61	$4.67	1.4%
Potatoes	$5.05	$4.93	2.4%
Pizza	$10.79	$12.09	10.7%
Beer	$10.35	$10.41	0.6%

Health Care

Item	South Hill	National avg.	Difference
Optometrist	$113.17	$125.68	10.0%
Doctor	$146.11	$135.78	7.6%
Dentist	$149.50	$113.29	32.0%
Ibuprofen	$10.91	$10.65	2.4%
Lipitor	$438.85	$468.60	6.3%

Housing

Item	South Hill	National avg.	Difference
Home Price	$164,700.00	$184,700.00	10.8%
Avg. Mortgage Payment	$2,113.73	$2,346.69	9.9%
Apartment Rent	$750.00	$949.00	21.0%

Transportation

Item	South Hill	National avg.	Difference
Gasoline	$3.36	$3.46	2.9%
Tire Balancing	$50.00	$59.92	16.6%

Utilities

Item	South Hill	National avg.	Difference
All Electricity	$191.72	$193.99	1.2%
Phone	$186.28	$192.25	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	Population	Cost of Living Index	National Avg.
Baskerville, VA	281	96	3.8%
Ebony, VA	231	96	3.8%
Brodnax, VA	278	87	13.1%
Alberta, VA	341	87	13.0%
La Crosse, VA	614	86	14.0%
South Hill, VA	4,375	93	6.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
La Joya, TX	4,374	80	20.3%
Hampden, ME	4,373	107	7.2%
Barnwell, SC	4,373	82	18.3%
Okauchee Lake, WI	4,373	126	26.3%
Walhalla, SC	4,377	86	14.2%
South Hill, VA	4,375	93	6.8%