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Blacksburg-Christiansburg-Radford, VA

Cost of living in Radford city, VA

Part of the Blacksburg Metro Area

Estimated monthly cost
$2,567/mo
for a single person, all categories combined

Population 16,505 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $968 38%
Healthcare $480 19%
Groceries $355 14%
Transport $320 12%
Energy $202 8%
Federal tax $127 5%
State tax $60 2%
Water $55 2%

Rent in Radford city

Fair Market Rents by bedroom count.

Studio
$925
per month
1 bedroom
$968
per month
2 bedroom
$1,231
per month
3 bedroom
$1,647
per month
4 bedroom
$2,067
per month

Source: HUD FMR FY2025

Income and earnings in Radford city

Annual earnings figures from the Census ACS.

Household income
$52,791
per year
Individual earnings
$16,908
per year
Per capita
$25,220
per year

Source: ACS 2019-2023 5-Year.

Home values in Radford city

Average values reported by homeowners.

Average home value
$211,700
Annual property tax
$1,488

Source: ACS 2019-2023 5-Year

Energy costs in Radford city

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 Radford city

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
6.2%

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 Radford city

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 Radford city

Commute patterns and estimated costs.

Average commute
16.9 min
Drive alone
76.3%
Public transit
0.6%
Work from home
5.0%

Source: ACS

Monthly cost estimates for Radford city

What it costs to live in Radford city each month.

Single person
$2,567
per month
  • Rent $968
  • Energy $202
  • Water $55
  • Groceries $355
  • Transport $320
  • Healthcare $480
  • Federal tax $127
  • State tax $60
Couple
$4,175
per month
  • Rent $1,231
  • Energy $242
  • Water $65
  • Groceries $588
  • Transport $420
  • Healthcare $864
  • Federal tax $534
  • State tax $231
Family
$6,753
per month
  • Rent $1,647
  • Energy $303
  • Water $75
  • Groceries $893
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $534
  • State tax $231

Frequently asked questions about Radford city

Common questions about cost of living, rent and salary.

What is the average rent in Radford city?

In Radford city, VA, a one-bedroom apartment averages $968 per month, a two-bedroom averages $1,231 per month, a three-bedroom averages $1,647 per month, according to HUD Fair Market Rent data.

What is the average salary in Radford city?

In Radford city, VA, the average household income is $52,791 per year and individual earnings for full-time workers average $16,908 per year, according to U.S. Census Bureau data.

What is the cost of living in Radford city?

The estimated cost of living in Radford city, VA is approximately $2,567 per month for a single person, $4,175 for a couple, $6,753 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Radford city?

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

Is Radford city an affordable place to live?

Based on the data, a single person in Radford city, VA would need approximately $2,567 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $52,791 per year ($4,399 per month). Radford city has a moderate cost of living relative to local earnings.

How much does healthcare cost in Radford city?

The ACA marketplace benchmark premium in Radford city, VA is approximately $480 per month for an individual. Approximately 6.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Radford city?

The average home value in Radford city, VA is $211,700, with average annual property taxes of $1,488, according to U.S. Census Bureau data.

How does Radford city compare to other areas?

You can compare Radford city, VA with any other US county using our comparison tool at /compare. Radford city 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 Radford city 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