Cost of Living in Port Royal, VA

With a cost of living index of 101, Port Royal, VA is right around the national average in cost. Living here is 1% more expensive than the national average and 3% below the Virginia state average of 104. Port Royal is a small community of 93 residents.

Housing costs are the biggest factor in Port Royal's cost of living. The median monthly rent is $1,732 (31% above the US median of $1,319), and the median home value sits at $170,000 (44% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.

The median household income in Port Royal is $72,813, which is 3% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

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.