Cost of Living in Wakefield, VA
Overall index: 68 (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 | 45 | -55% | $671 |
| Transportation | 100 | +0% | $3.50 |
| Food | 75 | -25% | $308 |
| Utilities | 73 | -27% | $81 |
| Healthcare | 73 | -27% | $59 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Wakefield?
A single adult living comfortably in Wakefield, VA needs approximately $23,800 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Wakefield, VA?
The overall cost of living in Wakefield, VA is 32% lower than the US national average (index: 68 where 100 = national average).
How much is rent in Wakefield, VA?
Average rent for a 1-bedroom apartment in Wakefield, VA is about $671/month.
Is Wakefield, VA expensive to live in?
No, Wakefield, VA is affordable (below national average).
What salary do I need to live in Wakefield, VA?
A single adult needs roughly $23,800/year to cover basic living costs in Wakefield, VA.