Cost of Living in Blairs, VA
Population: 1,001 | Virginia
Blairs is 30% less expensive than the national average.
Cost of Living in Blairs, VA: What You Need to Know
With a cost of living index of 70, Blairs, VA is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 34% below the Virginia state average of 104. Blairs is a small community of 1,001 residents.
Housing costs are the biggest factor in Blairs's cost of living. The median monthly rent is $721 (45% below the US median of $1,319), and the median home value sits at $162,900 (47% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.
The median household income in Blairs is $47,262, which is 37% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $47,262
- vs US Median ($75,149)
- -37%
Housing
- Median Rent
- $721/mo
- Median Home Value
- $162,900
- Median Monthly Housing Cost
- $737/mo