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Blacksburg-Christiansburg-Radford, VA

Cost of living in Floyd County, VA

Part of the Blacksburg Metro Area

Estimated monthly cost
$2,739/mo
for a single person, all categories combined

Population 15,560 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $695 25%
Healthcare $480 18%
Federal tax $468 17%
Groceries $355 13%
Transport $320 12%
Energy $202 7%
State tax $164 6%
Water $55 2%

Rent in Floyd County

Fair Market Rents by bedroom count.

Studio
$691
per month
1 bedroom
$695
per month
2 bedroom
$912
per month
3 bedroom
$1,149
per month
4 bedroom
$1,209
per month

Source: HUD FMR FY2025

Income and earnings in Floyd County

Annual earnings figures from the Census ACS.

Household income
$61,401
per year
Individual earnings
$38,702
per year
Per capita
$36,681
per year

Source: ACS 2019-2023 5-Year.

Home values in Floyd County

Average values reported by homeowners.

Average home value
$215,500
Annual property tax
$1,122

Source: ACS 2019-2023 5-Year

Energy costs in Floyd County

Estimated monthly electricity and gas costs.

Electricity
$153
per month · 14.6¢/kWh
Natural gas
$49
per month
Annual total
$2,424
per year

Source: EIA

Healthcare in Floyd County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
7.2%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Floyd County

State and local tax rates for Virginia.

State income tax
5.8%
Top marginal rate
State sales tax
5.3%
Combined sales tax
5.8%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Floyd County

Commute patterns and estimated costs.

Average commute
30.8 min
Drive alone
78.6%
Public transit
0.1%
Work from home
10.2%

Source: ACS

Monthly cost estimates for Floyd County

What it costs to live in Floyd County each month.

Single person
$2,739
per month
  • Rent $695
  • Energy $202
  • Water $55
  • Groceries $355
  • Transport $320
  • Healthcare $480
  • Federal tax $468
  • State tax $164
Couple
$4,039
per month
  • Rent $912
  • Energy $242
  • Water $65
  • Groceries $588
  • Transport $420
  • Healthcare $864
  • Federal tax $675
  • State tax $273
Family
$6,438
per month
  • Rent $1,149
  • Energy $303
  • Water $75
  • Groceries $893
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $675
  • State tax $273

Frequently asked questions about Floyd County

Common questions about cost of living, rent and salary.

What is the average rent in Floyd County?

In Floyd County, VA, a one-bedroom apartment averages $695 per month, a two-bedroom averages $912 per month, a three-bedroom averages $1,149 per month, according to HUD Fair Market Rent data.

What is the average salary in Floyd County?

In Floyd County, VA, the average household income is $61,401 per year and individual earnings for full-time workers average $38,702 per year, according to U.S. Census Bureau data.

What is the cost of living in Floyd County?

The estimated cost of living in Floyd County, VA is approximately $2,739 per month for a single person, $4,039 for a couple, $6,438 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Floyd County?

The combined sales tax rate in Floyd County, VA is 5.75%, which includes the Virginia state rate of 5.30% plus an average local rate of 0.45%.

Is Floyd County an affordable place to live?

Based on the data, a single person in Floyd County, VA would need approximately $2,739 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $61,401 per year ($5,117 per month). Floyd County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Floyd County?

The ACA marketplace benchmark premium in Floyd County, VA is approximately $480 per month for an individual. Approximately 7.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Floyd County?

The average home value in Floyd County, VA is $215,500, with average annual property taxes of $1,122, according to U.S. Census Bureau data.

How does Floyd County compare to other areas?

You can compare Floyd County, VA with any other US county using our comparison tool at /compare. Floyd County is in the Blacksburg-Christiansburg-Radford, VA metro area.

Other counties in Virginia

Browse the full list of counties in Virginia, ranked by cost of living.

See all counties in Virginia

Compare Floyd County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources