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Woodlawn CDP (Carroll County), VA Cost of Living

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Overall 7%
Goods & Services 6%
Housing 41%
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Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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.
IndexWoodlawn CDP (Carroll County)VirginiaNational
Cost of living93107100
Goods & Services10699100
Groceries12696100
Health care10197100
Housing59130100
Transportation10390100
Utilities98100100

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Key findings

  • The cost of living in Woodlawn CDP (Carroll County) is 13% lower than the Virginia average
  • The cost of living in Woodlawn CDP (Carroll County) is 7% lower than the national average
  • Woodlawn CDP (Carroll County) housing is 41% 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

Most Affordable Places to Live in and Around Woodlawn CDP (Carroll County)

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Compare Woodlawn CDP (Carroll County), VA Cost of Living

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      Here are the best places to live in VirginiaTop 10 best public schools in Woodlawn CDP (Carroll County)Check out the 10 safest cities in Virginia10 best cities to buy a new house in Virginia

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      This is how much you would need to earn in
      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$54,718$4,560$1,277$1,642
      Renters$41,563$3,464$970$1,247
      The affordability of the housing market in Woodlawn CDP (Carroll County), VA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Woodlawn CDP (Carroll County) homeowners, the median income is $54,718. This indicates that a monthly maximum of $1,277 should be spent by homeowners on all housing related costs. Renters have a median income of $41,563. This indicates that renters would have a maximum of $970 for their rent related monthly costs.

      Virginia Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Virginia5.3%6%

      Virginia Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Virginia2%5.75%

      Goods & Services

      ItemWoodlawn CDP (Carroll County)National avg.Difference
      Haircut $24.50$17.4940.1%
      Beauty Salon $50.00$38.1731.0%
      Toothpaste $3.04$2.3231.0%
      Shampoo $1.23$1.0121.6%
      Movie $12.45$10.7216.1%
      Bowling $19.83$13.8643.1%

      Groceries

      ItemWoodlawn CDP (Carroll County)National avg.Difference
      Ground Beef $4.59$3.9017.7%
      Fried Chicken $1.69$1.4021.1%
      Milk $2.46$1.9625.4%
      Potatoes $4.66$3.1846.4%
      Pizza $11.99$10.3915.4%
      Beer $10.99$9.2319.1%

      Health Care

      ItemWoodlawn CDP (Carroll County)National avg.Difference
      Optometrist $102.00$106.344.1%
      Doctor $128.00$115.2511.1%
      Dentist $99.50$98.381.1%
      Ibuprofen $10.99$9.2618.7%
      Lipitor $398.50$466.4714.6%

      Housing

      ItemWoodlawn CDP (Carroll County)National avg.Difference
      Home Price $111,300.00$184,700.0039.7%
      Avg. Mortgage Payment $3,052.37$1,273.32139.7%
      Apartment Rent $521.00$949.0045.1%

      Transportation

      ItemWoodlawn CDP (Carroll County)National avg.Difference
      Gasoline $2.75$2.596.1%
      Tire Balancing $49.00$48.900.2%

      Utilities

      ItemWoodlawn CDP (Carroll County)National avg.Difference
      All Electricity$166.20$167.600.8%
      Phone $175.14$163.427.2%
      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, StatePopulationCost of Living IndexNational Avg.
      Rose Hill CDP (Lee County), VA70891-9%
      Potomac Heights, MD1,19194-6%
      Wakefield town, VA81098-2%
      Belle Haven town, VA5621011%
      Quantico, VA5241022%
      Woodlawn CDP (Carroll County), VA2,24793-7%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Halstead, KS2,24790-10%
      Buchanan, NY2,24613434%
      Fairplains, NC2,24887-13%
      Buies Creek, NC2,24897-3%
      Glendale, OH2,2461088%
      Woodlawn CDP (Carroll County), VA2,24793-7%
      Source: The Woodlawn CDP (Carroll County), VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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