Cost of living in Stuarts Draft 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 Stuarts Draft 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 Stuarts Draft is 95, with 100 being the average.
The cost of living index in Stuarts Draft is 0.9x lower than the national average.
Stuarts Draft ranks as the #33 cheapest in Virginia out of 186.
Stuarts Draft ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Stuarts Draft is $209,600.
The median income in Stuarts Draft is $68,171.
According to the most recent data on the cost of living, Stuarts Draft has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Virginia, Stuarts Draft has a cost of living index that's 0.9x lower than Virginia's index of 102.
The standard of living in Stuarts Draft ranks as #33 most affordable out of the 186 places we measured in Virginia. By definition, that implies Stuarts Draft ranks as the #153 most expensive place in the Old Dominion.
For more reading on life in Stuarts Draft, check out:
Six factors go into calculating the cost of living index in Stuarts Draft. Here is how it fairs on each of the criteria:
The Services index in Stuarts Draft is 97.
The Groceries index in Stuarts Draft is 92.
The Health index in Stuarts Draft is 100.
The Housing index in Stuarts Draft is 99.
The Transportation index in Stuarts Draft is 92.
The Utilities index in Stuarts Draft is 102.
Living Expense | Stuarts Draft | Virginia | National Average | |
---|---|---|---|---|
Overall | 95 | 102 | 100 | |
Services | 97 | 102 | 100 | |
Groceries | 92 | 98 | 100 | |
Health | 100 | 102 | 100 | |
Housing | 99 | 107 | 100 | |
Transportation | 92 | 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 Stuarts Draft is $209,600.
The Median Rent in Stuarts Draft is $1,027.
The Median Income in Stuarts Draft is $68,171.
The Home Value To Income in Stuarts Draft is 3.1x.
The Rent To Monthly Income in Stuarts Draft is 0.18x.
Statistic | Stuarts Draft | Virginia | United States |
---|---|---|---|
Median Home Value | $209,600 | $295,500 | $244,900 |
Median Rent | $1,027 | $1,326 | $1,163 |
Median Income | $68,171 | $80,615 | $69,021 |
Home Value To Income | 3.1x | 3.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Item | Stuarts Draft | Virginia |
---|---|---|
Shampoo | $1.03 | $1.06 |
Movie | $7.99 | $10.68 |
Bowling | $11.55 | $14.67 |
Haircut | $18.66 | $18.62 |
Beauty Salon | $35.38 | $39.05 |
Item | Stuarts Draft | Virginia |
---|---|---|
Ground Beef | $4.13 | $4.22 |
Fried Chicken | $1.11 | $1.39 |
Milk | $2.05 | $2.05 |
Potatoes | $3.01 | $3.29 |
Pizza | $10.35 | $10.62 |
Beer | $10.09 | $9.38 |
Toothpaste | $1.88 | $2.34 |
Item | Stuarts Draft | Virginia |
---|---|---|
Optometrist | $107.5 | $108.57 |
Doctor | $104.17 | $116.17 |
Dentist | $103.5 | $99.13 |
Item | Stuarts Draft | Virginia |
---|---|---|
Gasoline | $2.18 | $2.22 |
Tire Balancing | $39.17 | $50.07 |
Item | Stuarts Draft | Virginia |
---|---|---|
All Electricity | $182.71 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Stuarts Draft. Here's a quick look at the cost of living in the most populous nearby places:
Lynchburg, VA has a cost of living index of 88, 0.9x Stuarts Draft.
Harrisonburg, VA has a cost of living index of 100, 1.1x Stuarts Draft.
Charlottesville, VA has a cost of living index of 111, 1.2x Stuarts Draft.
City | Population | Cost Of Living | Vs. Stuarts Draft |
---|---|---|---|
Lynchburg, VA | 78,973 | 88 | 0.9x |
Harrisonburg, VA | 52,062 | 100 | 1.1x |
Charlottesville, VA | 46,597 | 111 | 1.2x |
Staunton, VA | 25,358 | 99 | 1.0x |
Waynesboro, VA | 22,149 | 96 | 1.0x |
Madison Heights, VA | 10,790 | 86 | 0.9x |
Lake Monticello, VA | 10,438 | 110 | 1.2x |
Fishersville, VA | 8,909 | 110 | 1.2x |
Lexington, VA | 7,287 | 102 | 1.1x |
Buena Vista, VA | 6,649 | 84 | 0.9x |