Cost of Living in South Hill, VA

With a cost of living index of 84, South Hill, VA is a very affordable place to live. Living here is 16% cheaper than the national average and 20% below the Virginia state average of 104. South Hill is a small community of 4,737 residents.

Housing costs are the biggest factor in South Hill's cost of living. The median monthly rent is $1,121 (15% below the US median of $1,319), and the median home value sits at $182,100 (40% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in South Hill is $58,633, which is 22% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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 South Hill. The area sees an average annual temperature of 60.5°F, with summers averaging 78°F and winters around 43°F. Annual rainfall totals 44.4 inches spread over roughly 128 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.