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2024 BEA RPP All 4 categories Federal source

Staunton-Stuarts Draft, VA

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

CBSA: 44420 · Data year: 2024 · Rank: #266 of 387

Staunton-Stuarts Draft, VA has a cost of living index of 91.1, meaning it's 8.9% less expensive than the national average. Goods cost 3.2% less, services 10.5% less, and rents are 31.8% below average. A $100K national salary has the purchasing power of $109,736 here.

What the Numbers Mean for Staunton

Staunton ranks #266 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.1, Staunton-Stuarts Draft, VA is 8.9% less expensive than the national baseline of 100. The gap between Staunton's most and least expensive categories — the priciest line item versus rents at 68.2 — 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 $109,736 inside Staunton, while a household needs roughly $91,128 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 68.2 — 31.8% 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, Staunton's overall index has stayed within 1.6 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.8 and services at 89.5, meaning everyday spending in Staunton 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.

Staunton Cost Index at a Glance

Staunton all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10091.1

Staunton category breakdown

BEA RPP composition by goods, services, rents, overall

Rents68.232Services89.522Goods96.773Overall91.128

Price Index Summary

Overall

91.1

-8.9 below avg

Goods

96.8

-3.2 below avg

Services

89.5

-10.5 below avg

Rents

68.2

-31.8 below avg

Price Index vs National Average (100)

Overall
National avg

Index 91.1 (-8.9 vs national avg)

Goods
National avg

Index 96.8 (-3.2 vs national avg)

Services
National avg

Index 89.5 (-10.5 vs national avg)

Rents
National avg

Index 68.2 (-31.8 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -31.8% (68.2)
Services -10.5% (89.5)
Overall -8.9% (91.1)
Goods -3.2% (96.8)

Income Adequacy in Staunton

Staunton income adequacy score

$75,000 median income vs RPP 91.1

0/100100/100100/100

Salary Equivalent

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

$91,128

in Staunton-Stuarts Draft, VA purchasing power

$50,000 nationally
$45,564
$75,000 nationally
$68,346
$125,000 nationally
$113,910
$150,000 nationally
$136,692
$200,000 nationally
$182,256

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 1.6 points over this period.

Year Overall
2008 89.5
2009 85.8
2010 88.3
2011 87.9
2012 90.2
2013 90.8
2014 91.2
2015 91.4
2016 83.9
2017 88.9
2018 92.4
2019 89.5
2020 87.6
2021 92.8
2022 91.4
2023 92.9
2024 91.1

Metros with Similar Cost of Living

These metros have an overall RPP closest to Staunton-Stuarts Draft, VA's index of 91.1.

Related Data for Staunton

Frequently Asked Questions

What is the cost of living in Staunton-Stuarts Draft, VA?
Staunton-Stuarts Draft, VA has a Regional Price Parity (RPP) index of 91.1, meaning it is 8.9% less expensive than the national average. Goods are indexed at 96.8, services at 89.5, and rents at 68.2. It ranks #266 out of 387 U.S. metro areas by overall cost.
What salary do I need in Staunton-Stuarts Draft, VA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,128 in Staunton-Stuarts Draft, VA. Conversely, $100K earned in Staunton-Stuarts Draft, VA has the purchasing power of $109,736 at the national average.
How expensive is rent in Staunton-Stuarts Draft, VA?
Rents in Staunton-Stuarts Draft, VA are indexed at 68.2, which is 31.8% below the national average. This makes the area relatively affordable for renters.
Is Staunton-Stuarts Draft, VA getting more expensive?
From 2008 to 2024, Staunton-Stuarts Draft, VA's overall cost index changed by +1.6 points (from 89.5 to 91.1). The cost of living has remained relatively stable.
What metros have a similar cost of living to Staunton-Stuarts Draft, VA?
Metros with the most similar overall cost index include Killeen-Temple, Lewiston, Spartanburg. These areas have RPP values within a few points of Staunton-Stuarts Draft, VA's 91.1.

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.

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