The cost of living index in South Boston, VA, stands at 88 when compared to the nationwide average of 100. This means that overall, living expenses in South Boston are about 12% lower than the national average. For instance, housing costs are 26% lower, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are only slightly below the national norms, ranging from 3% to 15% lower.
South Boston, VA presents a cost of living index that offers distinct advantages for job seekers compared to the nationwide average. Housing costs in South Boston are notably lower, with an index of 74. This means that housing expenses are 26% less than the national average. Job seekers looking to save on housing will find South Boston to be a more affordable option.
Other categories also show South Boston's favorable standing. The grocery index is 93, meaning that food costs are just 7% higher than the national average. Utilities come in at 97, indicating a 3% increase. Transportation costs have an index of 91, showing a 9% increase. Healthcare, at 89, reflects an increase of 11%, while miscellaneous costs with an index of 85 reflect a 15% decrease. These indices suggest that while some areas see modest increases, overall, South Boston offers a cost-effective living environment compared to the national average.
