Glade Spring, VA, offers a cost of living that is notably lower than the nationwide average. Specifically, the cost of living index for Glade Spring stands at 86, which is 14% below the average of 100. This favorable comparison makes it an attractive option for job seekers and families looking to manage living expenses more efficiently.
Each category contributes to this overall lower cost. Housing, for instance, stands at 70, which is 30% below the average. Groceries and utilities are also lower, sitting at 95 and 85, respectively. Even though transportation and healthcare match the national average, the reduced expenses in housing and utilities make Glade Spring a budget-friendly place to live.
Glade Spring, VA, offers a cost of living that diverges from the national average in several key areas. The housing index in Glade Spring is notably lower, standing at 70 compared to the nationwide average of 100. This translates to a 30% reduction in housing costs, making it significantly more affordable for residents. Similarly, the cost of utilities is 15% lower, with an index of 85, providing an additional financial advantage to those living in this region.
When examining other expenses, the grocery index in Glade Spring is just 5% below the national average, set at 95. This means that groceries remain nearly on par with other parts of the country. Transportation costs mirror the national average with a slight increase, coming in at 90, which is just 10% lower. Healthcare costs are consistent with the national average, holding steady at 100. Miscellaneous expenses also align closely with the national average, sitting at 80, which means they are 20% lower overall. Overall, Glade Spring presents a cost of living that is both favorable and comparable to the national standard in many respects.