Cost of Living in Allison Gap, VA
Population: 544 | Virginia
Allison Gap is 25% less expensive than the national average.
Cost of Living in Allison Gap, VA: What You Need to Know
With a cost of living index of 75, Allison Gap, VA is a very affordable place to live. Living here is 25% cheaper than the national average and 29% below the Virginia state average of 104. Allison Gap is a small community of 544 residents.
The median household income in Allison Gap is $24,052, which is 68% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Kingsport-Bristol, TN-VA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $24,052
- vs US Median ($75,149)
- -68%
Housing
- Median Home Value
- $69,600
- Median Monthly Housing Cost
- $381/mo
Everyday Prices in Allison Gap
BLS Average Prices for the Kingsport-Bristol, TN-VA (Metropolitan Statistical Area) area