Overall
96.5
-3.5 below avg
Cost-of-living indicators for Winchester, VA-WV, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.
CBSA: 49020 · Data year: 2024 · Rank: #139 of 387
Winchester, VA-WV has a cost of living index of 96.5, meaning it's 3.5% less expensive than the national average. Goods cost 3.3% less, services 10.3% less, and rents are 10.0% below average. A $100K national salary has the purchasing power of $103,681 here.
Winchester ranks #139 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 96.5, Winchester, VA-WV is 3.5% less expensive than the national baseline of 100. The gap between Winchester's most and least expensive categories — the priciest line item versus services at 89.7 — 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 $103,681 inside Winchester, while a household needs roughly $96,450 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 90.0 — 10.0% 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, Winchester's overall index has risen by 5.4 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 96.7 and services at 89.7, meaning everyday spending in Winchester 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.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
Overall
96.5
-3.5 below avg
Goods
96.7
-3.3 below avg
Services
89.7
-10.3 below avg
Rents
90.0
-10.0 below avg
Index 96.5 (-3.5 vs national avg)
Index 96.7 (-3.3 vs national avg)
Index 89.7 (-10.3 vs national avg)
Index 90.0 (-10.0 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 96.5
A $100,000 salary at the national average cost of living equals:
in Winchester, VA-WV purchasing power
Use the salary calculator for custom amounts.
The cost of living has been trending upward, increasing by 5.4 points over this period.
| Year | Overall |
|---|---|
| 2008 | 91.1 |
| 2009 | 89.8 |
| 2010 | 93.7 |
| 2011 | 94.2 |
| 2012 | 94.6 |
| 2013 | 96.6 |
| 2014 | 93.5 |
| 2015 | 95.4 |
| 2016 | 94.7 |
| 2017 | 92.7 |
| 2018 | 95.8 |
| 2019 | 94.5 |
| 2020 | 94.3 |
| 2021 | 97.4 |
| 2022 | 95.9 |
| 2023 | 94.6 |
| 2024 | 96.5 |
These metros have an overall RPP closest to Winchester, VA-WV's index of 96.5.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
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.
Read our methodology — how this data is sourced, computed, and verified.