Cost of Living in University of Virginia, VA

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F
27%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
81%
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 University of Virginia Virginia National
Cost of living127111100
Groceries104103100
Health care104103100
Housing181129100
Transportation103105100
Utilities106104100
Lifestyle & Entertainment101103100
Household Items104102100
Education & Childcare106109100
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Homes For Sale In University of Virginia, VA

property for sale

506 Tulip Tree Ct

Charlottesville, VA
property for sale

500 Crestwood Dr #1405

Charlottesville, VA
property for sale

301 Harvest Dr

Charlottesville, VA
property for sale

508 Tulip Tree Ct

Charlottesville, VA

Cost Of Living Quick Facts

  • The cost of living in University of Virginia is 14% higher than the Virginia average
  • The cost of living in University of Virginia is 27% higher than the national average
  • University of Virginia housing is 81% 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

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      Salary Calculator

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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$128,998$10,750$3,010$3,870
      Renters$49,104$4,092$1,146$1,473
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in University of Virginia, VA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for University of Virginia homeowners, is $128,998. This would allow for a maximum of $3,010 per month to be spent on housing costs. For renters, the median monthly income is $49,104 which would result in a maximum of $1,146 to be spent on rental costs.

      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.
      Free Union, VA891044.0%
      Palmyra, VA951044.0%
      Esmont, VA7551043.6%
      Twin Lakes, VA1,5661055.2%
      Ruckersville, VA1,2821099.0%
      University of Virginia, VA9,23712727.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Airway Heights, WA9,2371088.4%
      Waterford, CA9,22812423.8%
      Tremonton, UT9,2241032.6%
      Earlimart, CA9,2501077.4%
      Hillview, KY9,250936.8%
      University of Virginia, VA9,23712727.1%
      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.
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