Cost of Living in Mount Sidney, VA

With a cost of living index of 83, Mount Sidney, VA is a very affordable place to live. Living here is 17% cheaper than the national average and 21% below the Virginia state average of 104. Mount Sidney is a small community of 657 residents.

Housing costs are the biggest factor in Mount Sidney's cost of living. The median monthly rent is $727 (45% below the US median of $1,319), and the median home value sits at $347,200 (14% above 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 Mount Sidney is $87,076, which is 16% higher than the national median of $75,149. Residents spend roughly 10% 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 Staunton-Stuarts Draft, 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.