The cost of living index in Hillsville, VA, compares favorably to the nationwide average of 100. Specifically, Hillsville’s overall cost of living index stands at 85, which is 5% below the national average. This makes it an attractive location for budget-conscious residents and job seekers looking for affordable living.
Each category within the index shows Hillsville's affordability. Housing costs 25% less, while groceries and utilities are only slightly lower. Healthcare costs 5% more, but transportation and miscellaneous expenses align closely with the national average. This balanced distribution makes Hillsville an appealing choice for those seeking a reasonable living environment.
Hillsville, VA, offers a cost of living that provides noticeable savings for residents, making it an attractive option for many. When compared to the nationwide average, which is set at 100, the cost of living in Hillsville is notably lower. Specifically, the housing index stands at 75, indicating a significant 25% reduction compared to the national average. This lower housing cost can be a major factor for those looking to move to Hillsville, as it can lead to more disposable income for other needs.
Additionally, Hillsville shows a generally favorable cost of living across other areas as well. Groceries cost 90, which is 10% less than the national average. Utilities, at 85, are 15% below the national benchmark, and transportation costs, at 80, are 20% lower. Healthcare costs in Hillsville stand at 95, just 5% above the average, while miscellaneous expenses are 88, representing an 12% decrease. This balanced approach to various living expenses makes Hillsville an appealing choice for those seeking a more affordable lifestyle without sacrificing quality.