Cost of Living in Warsaw, VA

With a cost of living index of 90, Warsaw, VA is a very affordable place to live. Living here is 10% cheaper than the national average and 14% below the Virginia state average of 104. Warsaw is a small community of 2,324 residents.

Housing costs are the biggest factor in Warsaw's cost of living. The median monthly rent is $1,104 (16% below the US median of $1,319), and the median home value sits at $262,500 (14% 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 Warsaw is $83,594, which is 11% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Warsaw. The area sees an average annual temperature of 58.3°F, with summers averaging 77°F and winters around 40°F. Annual rainfall totals 46.3 inches spread over roughly 0 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.