Cost of living in Crozet research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Crozet is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Crozet is 121, with 100 being the average.
The cost of living index in Crozet is 1.2x higher than the national average.
Crozet ranks as the #94 cheapest in Virginia out of 186.
Crozet ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Crozet is $413,600.
The median income in Crozet is $104,330.
According to the most recent data on the cost of living, Crozet has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Virginia, Crozet has a cost of living index that's 1.2x higher than Virginia's index of 102.
The standard of living in Crozet ranks as #94 most affordable out of the 186 places we measured in Virginia. By definition, that implies Crozet ranks as the #92 most expensive place in the Old Dominion.
For more reading on life in Crozet, check out:
Six factors go into calculating the cost of living index in Crozet. Here is how it fairs on each of the criteria:
The Services index in Crozet is 105.
The Groceries index in Crozet is 101.
The Health index in Crozet is 104.
The Housing index in Crozet is 167.
The Transportation index in Crozet is 87.
The Utilities index in Crozet is 102.
Living Expense | Crozet | Virginia | National Average | |
---|---|---|---|---|
Overall | 121 | 102 | 100 | |
Services | 105 | 102 | 100 | |
Groceries | 101 | 98 | 100 | |
Health | 104 | 102 | 100 | |
Housing | 167 | 107 | 100 | |
Transportation | 87 | 95 | 100 | |
Utilities | 102 | 102 | 100 |
Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Crozet is $413,600.
The Median Rent in Crozet is $1,618.
The Median Income in Crozet is $104,330.
The Home Value To Income in Crozet is 4.0x.
The Rent To Monthly Income in Crozet is 0.19x.
Statistic | Crozet | Virginia | United States |
---|---|---|---|
Median Home Value | $413,600 | $295,500 | $244,900 |
Median Rent | $1,618 | $1,326 | $1,163 |
Median Income | $104,330 | $80,615 | $69,021 |
Home Value To Income | 4.0x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Crozet. Here's a quick look at the cost of living in the most populous nearby places:
Harrisonburg, VA has a cost of living index of 100, 0.8x Crozet.
Charlottesville, VA has a cost of living index of 111, 0.9x Crozet.
Staunton, VA has a cost of living index of 99, 0.8x Crozet.
City | Population | Cost Of Living | Vs. Crozet |
---|---|---|---|
Harrisonburg, VA | 52,062 | 100 | 0.8x |
Charlottesville, VA | 46,597 | 111 | 0.9x |
Staunton, VA | 25,358 | 99 | 0.8x |
Waynesboro, VA | 22,149 | 96 | 0.8x |
Stuarts Draft, VA | 11,954 | 95 | 0.8x |
Madison Heights, VA | 10,790 | 86 | 0.7x |
Lake Monticello, VA | 10,438 | 110 | 0.9x |
University of Virginia, VA | 9,384 | 113 | 0.9x |
Lexington, VA | 7,287 | 102 | 0.8x |
Buena Vista, VA | 6,649 | 84 | 0.7x |