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Cost of Living in Hot Springs, VA

Population: 540 | Virginia

96
Cost of Living Index
US Average = 100

Hot Springs is 4% less expensive than the national average.

100
Housing
83
Home Values
100
Regional Price

Cost of Living in Hot Springs, VA: What You Need to Know

With a cost of living index of 96, Hot Springs, VA is slightly more affordable than average. Living here is 4% cheaper than the national average and 9% below the Virginia state average of 104. Hot Springs is a small community of 540 residents.

The median household income in Hot Springs is $101,964, which is 36% higher than the national median of $75,149.

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
$101,964
vs US Median ($75,149)
+36%

Housing

Median Home Value
$254,400
Median Monthly Housing Cost
$665/mo

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