Cost of Living in Mathews, VA

With a cost of living index of 89, Mathews, VA is a very affordable place to live. Living here is 11% cheaper than the national average and 15% below the Virginia state average of 104. Mathews is a small community of 1,145 residents.

The median household income in Mathews is $53,108, which is 29% 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 Virginia Beach-Chesapeake-Norfolk, VA-NC (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.