Cost of Living in Vinton, VA

Population 8,038 · Virginia · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Vinton can reasonably expect a home to cost less than three years of household income — $179,000 against $64,643 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 1.9% points to a labor market well on the tight side of the national distribution.

Vinton lies roughly 80 miles north of the nearest major metro, Greensboro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% lower than Greensboro's $221,000.

Cost Overview

Housing 59
Rent 71

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

About the Cost of Living in Vinton

The median home value in Vinton is $179,400 — 41% below the national median of $305,000. Median rent runs $939/month, 29% lower than the national median of $1,314/month. The median household income of $64,643/year is 13% lower than the US median of $74,580. The local unemployment rate is 1.9%, 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 68.5°F and lows of 47.6°F, with about 14.8" of annual snowfall. Overall, Vinton has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$179,400
41% below avg
Zillow Home Value
$278,533
Zillow ZHVI
Median Rent
$939/mo
29% below avg
Zillow Rent
$1,275/mo
Zillow ZORI
Price-to-Rent Ratio
15.9x
Favors buying
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 56.7%
Renter-occupied 43.3%

💰 Estimated Monthly Budget

Rent median rent
$939
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,553/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
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.3%

Commute Mode

Drove alone
77.8%
Carpooled
3.9%
Public transit
0.5%
Walked
1.1%
Work from home
14.3%

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
$64,643
13% below avg
Per Capita Income
$40,734
Unemployment Rate
1.9%
60% below avg
Poverty Rate
10.6%
Labor Force Participation
65.6%

🎓 Education

Bachelor's degree+ 11.8%
Graduate degree 4.7%

👥 Demographics

Median Age 39.7
Male median age 38.1
Female median age 40

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.5°F
Avg Low
47.6°F
Annual Precip
42.8"
Annual Snowfall
14.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475159707784888780705950
Low °F 293138465563676659483832
Precip" 3.172.893.513.494.314.664.283.374.062.963.043.08
Snow" 4.34.82.30.10.00.00.00.00.00.00.13.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
68.8%
Good air days/yr
158
Max AQI recorded
225
PM2.5 days
135
Ozone days

Frequently Asked Questions

What is the cost of living in Vinton, VA?

Vinton has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Vinton, VA?

The median gross rent in Vinton is $939 per month based on 2023 Census data.

What is the average home price in Vinton?

The median home value in Vinton is $179,400 according to Zillow and Census data.

What is the median income in Vinton?

The median household income in Vinton is $64,643 per year (2023 ACS 5-year estimates).

What is the sales tax in Vinton, VA?

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

Is Vinton, VA affordable?

Yes, Vinton is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

What is the weather like in Vinton?

Vinton has average high temperatures of 68.5°F and average lows of 47.6°F. Annual precipitation is 42.8". Average annual snowfall is 14.8". Data from NOAA 1991–2020 Climate Normals.

Vinton at a Glance

Population
8,038
Median Income
$64,643
Home Value
$179,400
Median Rent
$939/mo
Unemployment
1.9%
Avg High Temp
68.5°F
Sales Tax
5.6%
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