Luray, VA has a cost of living index that varies from the nationwide average in several areas. Housing costs are 13% lower in Luray, while groceries are 5% lower. Utilities stay the same at the national average, while transportation is 10% lower.
Healthcare costs in Luray are higher, at 10% more than the average. Miscellaneous expenses are also slightly lower, at 8% less. Overall, Luray offers a more affordable living experience in some areas, but higher costs in healthcare.
Luray, VA, shows a cost of living index that is quite favorable for residents compared to the nationwide average, which stands at 100. This means that the overall cost of living in Luray is slightly below the national average. The housing cost index in Luray stands at 87, indicating that housing costs are 13% lower than the national average. This affordability can be a significant draw for those looking to purchase or rent homes in this charming town.
Additionally, grocery expenses in Luray are also lower, with an index of 95, which is 5% below the national average. Residents will find that their grocery bills are more manageable, contributing to the overall lower cost of living. Utilities in Luray match the national average with an index of 100, suggesting that expenses for electricity, gas, water, and other utilities are on par with the rest of the country. However, healthcare costs are slightly higher, with an index of 110, meaning they are 10% above the national average. Despite this, the lower costs in housing, groceries, and utilities create a balanced cost of living profile that can be attractive to potential residents.
