Cost of Living in Edinburg, VA
Population: 1,544 | Virginia
Edinburg is 18% less expensive than the national average.
Cost of Living in Edinburg, VA: What You Need to Know
With a cost of living index of 82, Edinburg, VA is a very affordable place to live. Living here is 18% cheaper than the national average and 22% below the Virginia state average of 104. Edinburg is a small community of 1,544 residents.
Housing costs are the biggest factor in Edinburg's cost of living. The median monthly rent is $977 (26% below the US median of $1,319), and the median home value sits at $217,900 (29% below the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.
The median household income in Edinburg is $54,775, which is 27% lower than the national median of $75,149. Residents spend roughly 21% 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
- $54,775
- vs US Median ($75,149)
- -27%
Housing
- Median Rent
- $977/mo
- Median Home Value
- $217,900
- Median Monthly Housing Cost
- $1,137/mo