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Cost of Living in Twin Lakes, VA

Population: 1,794 | Virginia

94
Cost of Living Index
US Average = 100

Twin Lakes is 6% less expensive than the national average.

100
Housing
77
Home Values
99
Regional Price

Cost of Living in Twin Lakes, VA: What You Need to Know

With a cost of living index of 94, Twin Lakes, VA is slightly more affordable than average. Living here is 6% cheaper than the national average and 10% below the Virginia state average of 104. Twin Lakes is a small community of 1,794 residents.

The median household income in Twin Lakes is $67,012, which is 11% lower than the national median of $75,149. 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 Twin Lakes. The area sees an average annual temperature of 58.7°F, with summers averaging 77°F and winters around 40°F. Annual rainfall totals 41.6 inches spread over roughly 124 days.

Everyday prices in the Charlottesville, 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.

Income

Median Household Income
$67,012
vs US Median ($75,149)
-11%

Housing

Median Home Value
$235,500
Median Monthly Housing Cost
$1,455/mo

Everyday Prices in Twin Lakes

BLS Average Prices for the Charlottesville, VA (Metropolitan Statistical Area) area

$2.98
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.43
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.91
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.02
Chicken breast
per lb
-3% vs US
$0.17
Electricity
per kWh
-11% vs US

Climate in Twin Lakes

NOAA 30-year normals (1991-2020)

58.7°F
Avg Temperature
41.6"
Rainfall / Year
124d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 47 51 60 70 78 86 90 87 81 71 60 51
Avg °F 38 41 49 59 67 75 79 77 70 59 49 42
Low °F 30 31 38 47 56 64 68 67 60 48 39 32
Rain" 3.0 2.4 3.5 3.2 4.2 4.4 3.4 3.9 4.1 3.3 3.4 3.0

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