Cost of Living in Seven Mile Ford, VA

With a cost of living index of 66, Seven Mile Ford, VA is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 38% below the Virginia state average of 104. Seven Mile Ford is a small community of 528 residents.

Housing costs are the biggest factor in Seven Mile Ford's cost of living. The median monthly rent is $626 (53% below the US median of $1,319), and the median home value sits at $152,700 (50% below the national median of $304,900). At current prices, the median home costs roughly 5.5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Seven Mile Ford is $27,716, which is 63% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Seven Mile Ford. The area sees an average annual temperature of 52.1°F, with summers averaging 69°F and winters around 34°F. Annual rainfall totals 41.2 inches spread over roughly 154 days.

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.