We ranked the places in Virginia where the cost of living is the lowest; where your salary goes the furthest. And when you have the luxury of choosing where to live in the Old Dominion, then the cost of living should play a role in the decision.
So we did the work for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis, we were left a list of cities in Virginia that were of the best value for your money.
#6. Lynchburg, VA
There are basic necessities that you have to buy no matter where in the country you live. Those things include:
- Health Insurance
You can then compare the cost of these things in each of the places in Virginia to figure out which is the least expensive.
What you are left with is a ‘Cost of Living Index’ that normalizes to 100 for an average place in the United States.
So we used that cost of living index in order to rank the places in Virginia that have more than 5,000 people.
And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. In other words, a score of 90 means it’s 10% less expensive.
- Population: 75,657
- Services: 95
- Groceries: 92
- Health Care: 95
- Housing: 80
- Transportation: 87
- Utilities: 98
Lynchburg is an independent city in the Commonwealth of Virginia. Located in the foothills of the Blue Ridge Mountains along the banks of the James River. Lynchburg is known as the ‘City of Seven Hills’ or the ‘Hill City’. In the 1860s, Lynchburg was the only major city in Virginia that was not recaptured by the Union before the end of the American Civil War. There is a lot to do and see here. For more information on apartments in Lynchburg, VA contact Walden Pond.