Hillsville, VA, exhibits a cost of living that is slightly lower than the nationwide average. The overall cost of living index stands at 89, which is 11% lower than the benchmark of 100. This reduction is largely driven by housing costs, which are 15% below the national average.
Specific categories such as groceries and healthcare remain close to the national index, with groceries at 95 and healthcare at 92. This makes Hillsville a cost-effective location for residents seeking affordability without significant trade-offs in essential living expenses.
Hillsville, VA, offers a cost of living that is below the nationwide average of 100. According to the latest data, the cost of living index in Hillsville stands at 87. This means that, on average, residents spend 13% less on their daily expenses compared to the national average. Housing, a major expense, has an index of 85, indicating that homes in Hillsville are significantly more affordable.
When looking at specific categories, groceries, utilities, and healthcare show Hillsville residents enjoying savings. Groceries have an index of 95, showing only a 5% increase over the national average. Utilities cost 90, reflecting a 10% savings. Healthcare, important for all, has an index of 92, which is just 2% above the national average. These lower costs in housing and healthcare make Hillsville an attractive option for those looking to reduce their living expenses without sacrificing quality.
