Cost of Living in Wise, VA

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13%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
37%
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 Wise Virginia National
Cost of living87111100
Groceries96103100
Health care99103100
Housing63129100
Transportation97105100
Utilities99104100
Lifestyle & Entertainment99103100
Household Items98102100
Education & Childcare100109100
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Homes For Sale In Wise, VA

property for sale

108 Cherry St SE

Wise, VA
property for sale

10841 Cox Rd

Wise, VA
property for sale

9029 Camp Bethel

Wise, VA
property for sale

Tbd Woodland Dr SW

Wise, VA

Cost Of Living Quick Facts

  • The cost of living in Wise is 21% lower than the Virginia average
  • The cost of living in Wise is 13% lower than the national average
  • Wise housing is 37% 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 Wise

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Compare Wise, VA Cost of Living

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      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$76,888$6,407$1,794$2,307
      Renters$51,494$4,291$1,201$1,545

      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.
      Millstone, KY486982.0%
      Payne Gap, KY608982.0%
      Jenkins, KY1,8857822.5%
      Clinchco, VA2458020.3%
      Appalachia, VA1,4528019.7%
      Wise, VA3,0318712.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cutchogue, NY3,03116564.5%
      La Loche, SK3,031n/a 
      Girard, PA3,030919.2%
      Hildale, UT3,0301099.2%
      Warsaw, NY3,032955.0%
      Wise, VA3,0318712.5%
      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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