Galax, VA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Galax, VA Summary

Cost of living in Galax research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Galax is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Galax is 81, with 100 being the average.

  • The cost of living index in Galax is 0.8x lower than the national average.

  • Galax ranks as the #5 cheapest in Virginia out of 186.

  • Galax ranks as the #290 cheapest out of 6,412 in the US.

  • The median home value in Galax is $100,000.

  • The median income in Galax is $39,808.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
81
Galax's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Galax, VA?

According to the most recent data on the cost of living, Galax has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.

Compared to Virginia, Galax has a cost of living index that's 0.8x lower than Virginia's index of 102.

The standard of living in Galax ranks as #5 most affordable out of the 186 places we measured in Virginia. By definition, that implies Galax ranks as the #181 most expensive place in the Old Dominion.

For more reading on life in Galax, check out:

5 out of 186
In Virginia
290 out of 6,412
In America

Galax Cost Of Living Vs. Virginia

Six factors go into calculating the cost of living index in Galax. Here is how it fairs on each of the criteria:

  • The Services index in Galax is 97.

  • The Groceries index in Galax is 93.

  • The Health index in Galax is 95.

  • The Housing index in Galax is 57.

  • The Transportation index in Galax is 90.

  • The Utilities index in Galax is 84.

Living Expense Galax Virginia National Average
Overall 81 102 100
Services 97 102 100
Groceries 93 98 100
Health 95 102 100
Housing 57 107 100
Transportation 90 95 100
Utilities 84 102 100
For more reading on cost of living around Virginia, check out:
Galax Cost of Living Vs. VA

Galax, VA Housing Cost Breakdown

Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Galax is $100,000.

  • The Median Rent in Galax is $569.

  • The Median Income in Galax is $39,808.

  • The Home Value To Income in Galax is 2.5x.

  • The Rent To Monthly Income in Galax is 0.17x.

Statistic Galax Virginia United States
Median Home Value $100,000 $295,500 $244,900
Median Rent $569 $1,326 $1,163
Median Income $39,808 $80,615 $69,021
Home Value To Income 2.5x 3.7x 3.5x
Rent To Monthly Income 0.17x 0.2x 0.2x
Search Homes For Sale In Galax, VA
$100,000
Median Home Value
$569
Median Rent
$39,808
Median Income

Galax, VA Costs By Category

Detailed Galax Services Costs Vs. Virginia

Item Galax Virginia
Shampoo $0.92 $1.06
Movie $9.96 $10.68
Bowling $13.78 $14.67
Haircut $13.38 $18.62
Beauty Salon $36.03 $39.05

Detailed Galax Groceries Costs Vs. Virginia

Item Galax Virginia
Ground Beef $4.55 $4.22
Fried Chicken $1.18 $1.39
Milk $1.85 $2.05
Potatoes $3.79 $3.29
Pizza $10.26 $10.62
Beer $9.92 $9.38
Toothpaste $1.86 $2.34

Detailed Galax Health Costs Vs. Virginia

Item Galax Virginia
Optometrist $82.63 $108.57
Doctor $107.12 $116.17
Dentist $93.5 $99.13

Detailed Galax Transportation Costs Vs. Virginia

Item Galax Virginia
Gasoline $2.13 $2.22
Tire Balancing $41.02 $50.07

Detailed Galax Utilities Costs Vs. Virginia

Item Galax Virginia
All Electricity $130.92 $167.67
Phone $177.97 $175.64

Galax SnackAbility

2
/10
Overall SnackAbility
Jobs
4/10
Housing
4
Affordability
8
Diversity
8
Safety
5
Amenities
7
Education
4
Commute
8.5

Cost Of Living In Cities Around Galax

The cost of living varies in the cities and towns around Galax. Here's a quick look at the cost of living in the most populous nearby places:

  • Blacksburg, VA has a cost of living index of 107, 1.3x Galax.

  • Christiansburg, VA has a cost of living index of 94, 1.2x Galax.

  • Radford, VA has a cost of living index of 91, 1.1x Galax.

City Population Cost Of Living Vs. Galax
Blacksburg, VA 44,385 107 1.3x
Christiansburg, VA 23,174 94 1.2x
Radford, VA 16,205 91 1.1x
Lewisville, NC 13,413 97 1.2x
Mount Airy, NC 10,547 90 1.1x
Bluefield, WV 9,699 78 1.0x
Pulaski, VA 8,984 80 1.0x
Wytheville, VA 8,260 92 1.1x
King, NC 7,258 91 1.1x

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