South Boston, VA Cost Of Living

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

Cost Of Living In South Boston, VA Summary

Cost of living in South Boston 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 South Boston 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 South Boston is 81, with 100 being the average.

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

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

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

  • The median home value in South Boston is $142,000.

  • The median income in South Boston is $45,408.

Table Of Contents

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

What is the cost of living in South Boston, VA?

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

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

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

For more reading on life in South Boston, check out:

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

South Boston Cost Of Living Vs. Virginia

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

  • The Services index in South Boston is 88.

  • The Groceries index in South Boston is 92.

  • The Health index in South Boston is 109.

  • The Housing index in South Boston is 60.

  • The Transportation index in South Boston is 83.

  • The Utilities index in South Boston is 103.

Living Expense South Boston Virginia National Average
Overall 81 102 100
Services 88 102 100
Groceries 92 98 100
Health 109 102 100
Housing 60 107 100
Transportation 83 95 100
Utilities 103 102 100
For more reading on cost of living around Virginia, check out:
South Boston Cost of Living Vs. VA

South Boston, 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 South Boston is $142,000.

  • The Median Rent in South Boston is $678.

  • The Median Income in South Boston is $45,408.

  • The Home Value To Income in South Boston is 3.1x.

  • The Rent To Monthly Income in South Boston is 0.18x.

Statistic South Boston Virginia United States
Median Home Value $142,000 $295,500 $244,900
Median Rent $678 $1,326 $1,163
Median Income $45,408 $80,615 $69,021
Home Value To Income 3.1x 3.7x 3.5x
Rent To Monthly Income 0.18x 0.2x 0.2x
Search Homes For Sale In South Boston, VA
$142,000
Median Home Value
$678
Median Rent
$45,408
Median Income

South Boston, VA Costs By Category

Detailed South Boston Services Costs Vs. Virginia

Item South Boston Virginia
Shampoo $0.88 $1.06
Movie $10.67 $10.68
Bowling $12.0 $14.67
Haircut $14.5 $18.62
Beauty Salon $22.08 $39.05

Detailed South Boston Groceries Costs Vs. Virginia

Item South Boston Virginia
Ground Beef $4.34 $4.22
Fried Chicken $1.01 $1.39
Milk $1.67 $2.05
Potatoes $3.79 $3.29
Pizza $11.66 $10.62
Beer $9.49 $9.38
Toothpaste $1.87 $2.34

Detailed South Boston Health Costs Vs. Virginia

Item South Boston Virginia
Optometrist $96.33 $108.57
Doctor $84.56 $116.17
Dentist $138.33 $99.13

Detailed South Boston Transportation Costs Vs. Virginia

Item South Boston Virginia
Gasoline $1.86 $2.22
Tire Balancing $43.41 $50.07

Detailed South Boston Utilities Costs Vs. Virginia

Item South Boston Virginia
All Electricity $180.08 $167.67
Phone $177.97 $175.64

South Boston SnackAbility

4
/10
Overall SnackAbility
Jobs
5/10
Housing
5
Affordability
6
Diversity
8.5
Safety
4
Amenities
7
Education
5
Commute
10

Cost Of Living In Cities Around South Boston

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

  • Lynchburg, VA has a cost of living index of 88, 1.1x South Boston.

  • Danville, VA has a cost of living index of 83, 1.0x South Boston.

  • Mebane, NC has a cost of living index of 95, 1.2x South Boston.

City Population Cost Of Living Vs. South Boston
Lynchburg, VA 78,973 88 1.1x
Danville, VA 42,556 83 1.0x
Mebane, NC 17,192 95 1.2x
Henderson, NC 15,084 84 1.0x
Reidsville, NC 14,463 83 1.0x
Timberlake, VA 12,972 93 1.1x
Hillsborough, NC 9,342 95 1.2x
Oxford, NC 8,658 85 1.0x
Butner, NC 8,295 89 1.1x
Roxboro, NC 8,097 80 1.0x

Articles About Virginia

Enjoy The Snack?