Cost of Living in Lake Monticello, VA
Overall index: 98 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 83 | -17% | $1,517 |
| Transportation | 97 | -3% | $3.50 |
| Food | 136 | +36% | $558 |
| Utilities | 92 | -8% | $149 |
| Healthcare | 92 | -8% | $108 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Lake Monticello?
A single adult living comfortably in Lake Monticello, VA needs approximately $34,300 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Lake Monticello, VA?
The overall cost of living in Lake Monticello, VA is 2% lower than the US national average (index: 98 where 100 = national average).
How much is rent in Lake Monticello, VA?
Average rent for a 1-bedroom apartment in Lake Monticello, VA is about $1,517/month.
Is Lake Monticello, VA expensive to live in?
Costs in Lake Monticello, VA are roughly in line with the national average.
What salary do I need to live in Lake Monticello, VA?
A single adult needs roughly $34,300/year to cover basic living costs in Lake Monticello, VA.