Cost of Living in Twin Lakes, VA

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.