Cost of Living in Massanutten, VA
Population: 2,215 | Virginia
Massanutten is 4% less expensive than the national average.
Cost of Living in Massanutten, VA: What You Need to Know
With a cost of living index of 96, Massanutten, VA is slightly more affordable than average. Living here is 4% cheaper than the national average and 8% below the Virginia state average of 104. Massanutten is a small community of 2,215 residents.
Housing costs are the biggest factor in Massanutten's cost of living. The median monthly rent is $1,100 (17% below the US median of $1,319), and the median home value sits at $368,700 (21% above 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 Massanutten is $106,944, which is 42% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Everyday prices in the Harrisonburg, 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
- $106,944
- vs US Median ($75,149)
- +42%
Housing
- Median Rent
- $1,100/mo
- Median Home Value
- $368,700
- Median Monthly Housing Cost
- $1,345/mo
Everyday Prices in Massanutten
BLS Average Prices for the Harrisonburg, VA (Metropolitan Statistical Area) area