Cost of Living in Bedford, VA
Population 6,703 · Virginia · Data vintage 2023
(100 = US avg)
Bedford's median household income of $47,697 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (20% here).
Geographically, Bedford lies roughly 85 miles north of the nearest major metro, Greensboro. Median home values run roughly 13% lower than Greensboro's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Bedford
The median home value in Bedford is $192,600 — 37% below the national median of $305,000. Median rent runs $876/month, 33% lower than the national median of $1,314/month. The median household income of $47,697/year is 36% lower than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 67.4°F and lows of 45.0°F, with about 11.6" of annual snowfall. Overall, Bedford has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.
Bedford has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 46 | 50 | 58 | 69 | 76 | 83 | 87 | 85 | 79 | 69 | 58 | 49 |
| Low °F | 26 | 28 | 35 | 44 | 53 | 61 | 65 | 64 | 57 | 45 | 35 | 29 |
| Precip" | 3.46 | 2.91 | 3.76 | 3.45 | 3.98 | 3.82 | 4.19 | 3.22 | 3.96 | 3.12 | 3.39 | 3.50 |
| Snow" | 3.5 | 3.6 | 2.4 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.0 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Bedford, VA?
Bedford has a cost index of 65 (100 = national average). It is 35% below the national average.
What is average rent in Bedford, VA?
The median gross rent in Bedford is $876 per month based on 2023 Census data.
What is the average home price in Bedford?
The median home value in Bedford is $192,600 according to Zillow and Census data.
What is the median income in Bedford?
The median household income in Bedford is $47,697 per year (2023 ACS 5-year estimates).
What is the sales tax in Bedford, VA?
The combined state and local sales tax rate in Bedford is 5.6%. The Virginia state income tax top rate is 5.8%.
Is Bedford, VA affordable?
Yes, Bedford is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.
What is the weather like in Bedford?
Bedford has average high temperatures of 67.4°F and average lows of 45.0°F. Annual precipitation is 42.8". Average annual snowfall is 11.6". Data from NOAA 1991–2020 Climate Normals.
Bedford at a Glance
- Population
- 6,703
- Median Income
- $47,697
- Home Value
- $192,600
- Median Rent
- $876/mo
- Unemployment
- 3.7%
- Avg High Temp
- 67.4°F
- Sales Tax
- 5.6%
Nearby Cities
Explore county-level cost of living data
Virginia Rankings
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