Home / Metros /
2024 BEA RPP All 4 categories Federal source

Harrisonburg, VA

Cost-of-living indicators for Harrisonburg, VA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 25500 · Data year: 2024 · Rank: #169 of 387

Harrisonburg, VA has a cost of living index of 94.9, meaning it's 5.1% less expensive than the national average. Goods cost 3.2% less, services 11.5% less, and rents are 17.7% below average. A $100K national salary has the purchasing power of $105,383 here.

What the Numbers Mean for Harrisonburg

Harrisonburg ranks #169 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper half by cost. With an overall Regional Price Parity of 94.9, Harrisonburg, VA is 5.1% less expensive than the national baseline of 100. The gap between Harrisonburg's most and least expensive categories — the priciest line item versus rents at 82.3 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $105,383 inside Harrisonburg, while a household needs roughly $94,892 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 82.3 — 17.7% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Harrisonburg's overall index has risen by 2.8 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 96.8 and services at 88.5, meaning everyday spending in Harrisonburg is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Harrisonburg Cost Index at a Glance

Harrisonburg all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10094.9

Harrisonburg category breakdown

BEA RPP composition by goods, services, rents, overall

Rents82.272Services88.549Goods96.773Overall94.892

Price Index Summary

Overall

94.9

-5.1 below avg

Goods

96.8

-3.2 below avg

Services

88.5

-11.5 below avg

Rents

82.3

-17.7 below avg

Price Index vs National Average (100)

Overall
National avg

Index 94.9 (-5.1 vs national avg)

Goods
National avg

Index 96.8 (-3.2 vs national avg)

Services
National avg

Index 88.5 (-11.5 vs national avg)

Rents
National avg

Index 82.3 (-17.7 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -17.7% (82.3)
Services -11.5% (88.5)
Overall -5.1% (94.9)
Goods -3.2% (96.8)

Income Adequacy in Harrisonburg

Harrisonburg income adequacy score

$75,000 median income vs RPP 94.9

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$94,892

in Harrisonburg, VA purchasing power

$50,000 nationally
$47,446
$75,000 nationally
$71,169
$125,000 nationally
$118,615
$150,000 nationally
$142,338
$200,000 nationally
$189,784

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 2.8 points over this period.

Year Overall
2008 92.1
2009 91.0
2010 93.0
2011 91.5
2012 92.4
2013 92.4
2014 92.7
2015 91.8
2016 91.2
2017 90.2
2018 93.4
2019 92.6
2020 90.4
2021 94.0
2022 94.9
2023 93.5
2024 94.9

Related Data for Harrisonburg

Frequently Asked Questions

What is the cost of living in Harrisonburg, VA?
Harrisonburg, VA has a Regional Price Parity (RPP) index of 94.9, meaning it is 5.1% less expensive than the national average. Goods are indexed at 96.8, services at 88.5, and rents at 82.3. It ranks #169 out of 387 U.S. metro areas by overall cost.
What salary do I need in Harrisonburg, VA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $94,892 in Harrisonburg, VA. Conversely, $100K earned in Harrisonburg, VA has the purchasing power of $105,383 at the national average.
How expensive is rent in Harrisonburg, VA?
Rents in Harrisonburg, VA are indexed at 82.3, which is 17.7% below the national average. This makes the area relatively affordable for renters.
Is Harrisonburg, VA getting more expensive?
From 2008 to 2024, Harrisonburg, VA's overall cost index changed by +2.8 points (from 92.1 to 94.9). The cost of living has been trending upward.
What metros have a similar cost of living to Harrisonburg, VA?
Metros with the most similar overall cost index include Glens Falls, Kalamazoo-Portage, Lansing-East Lansing. These areas have RPP values within a few points of Harrisonburg, VA's 94.9.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page