Cost of Living in Luray, VA

Population 4,836 · Virginia · Data vintage 2023

73
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Luray is a smaller Virginia community of around 5000 residents, where median household incomes of $55,802 and housing costs ($244,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Luray is about 75 miles west of Arlington, the nearest large metro. Median home values run roughly 72% lower than Arlington's $865,000.

Cost Overview

Housing 80
Rent 63

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Luray

The median home value in Luray is $243,500 — 20% below the national median of $305,000. Median rent runs $830/month, 37% lower than the national median of $1,314/month. The median household income of $55,802/year is 25% lower than the US median of $74,580. The local unemployment rate is 5.2%, above 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 69.2°F and lows of 48.1°F. Overall, Luray has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.

🏠 Housing

Median Home Value
$243,500
20% below avg
Zillow Home Value
$307,504
Zillow ZHVI
Median Rent
$830/mo
37% below avg
Price-to-Rent Ratio
24.4x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$970
1 BR
$989
2 BR
$1,200
3 BR
$1,645
4 BR
$1,885
Owner-occupied 67.4%
Renter-occupied 32.6%

💰 Estimated Monthly Budget

Rent median rent
$830
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,444/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.6 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.6%

Commute Mode

Drove alone
77.6%
Carpooled
11.6%
Walked
2.3%
Work from home
8.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 5.6%
State rate 4.3%
Avg local rate 1.3%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$55,802
25% below avg
Per Capita Income
$33,419
Unemployment Rate
5.2%
7% above avg
Poverty Rate
7.2%
Labor Force Participation
56.9%

🎓 Education

Bachelor's degree+ 13.5%
Graduate degree 6.0%

👥 Demographics

Median Age 54.9
Male median age 51.5
Female median age 58.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.2°F
Avg Low
48.1°F
Annual Precip
41.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475160707886908781716051
Low °F 303138475664686760483932
Precip" 2.962.353.543.174.174.383.373.874.093.313.363.04

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
14.4:1
Student-teacher ratio
9
Public schools
3,352
Total enrollment

Frequently Asked Questions

What is the cost of living in Luray, VA?

Luray has a cost index of 73 (100 = national average). It is 27% below the national average.

What is average rent in Luray, VA?

The median gross rent in Luray is $830 per month based on 2023 Census data.

What is the average home price in Luray?

The median home value in Luray is $243,500 according to Zillow and Census data.

What is the median income in Luray?

The median household income in Luray is $55,802 per year (2023 ACS 5-year estimates).

What is the sales tax in Luray, VA?

The combined state and local sales tax rate in Luray is 5.6%. The Virginia state income tax top rate is 5.8%.

Is Luray, VA affordable?

Yes, Luray is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.

What is the weather like in Luray?

Luray has average high temperatures of 69.2°F and average lows of 48.1°F. Annual precipitation is 41.6". Data from NOAA 1991–2020 Climate Normals.

Luray at a Glance

Population
4,836
Median Income
$55,802
Home Value
$243,500
Median Rent
$830/mo
Unemployment
5.2%
Avg High Temp
69.2°F
Sales Tax
5.6%
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