Huntington, VA

Very High · 156

Virginia · Population 13,250 · Updated March 2026

$2,045
Median Rent / Month
$99,580
Median Income
$536,200
Median Home Value
$2,174
Owner Costs / Month

Affordability

How far your income goes in Huntington

24.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Virginia

State-level tax rates that affect your costs

5.75%
Income Tax (Top Rate)
5.3%
Sales Tax
0.8%
Property Tax Rate

Estimated Annual Costs

$24,540
Annual Rent
$5,726
State Income Tax
$4,290
Property Tax (est.)

Cost of Living Overview

Huntington has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 156 (where 100 equals the national median), Huntington residents can expect to pay median rent of $2,045/month while earning a median household income of $99,580/year.

The median home value in Huntington, VA is $536,200, with typical monthly owner costs around $2,174 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Virginia has a moderate income tax rate of 5.75%. Combined with a 5.3% sales tax rate and 0.8% effective property tax rate, the overall tax environment is a factor in the total cost of living in Huntington.

Frequently Asked Questions

Common questions about living costs in Huntington

What is the cost of living in Huntington, VA?
The cost of living index in Huntington, VA is 156 (US average = 100). Median monthly rent is $2,045, median household income is $99,580/year, and the median home value is $536,200.
Is Huntington, VA affordable?
No, Huntington is more expensive than the national average with a cost index of 156. The rent-to-income ratio is 24.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Huntington, VA?
The median gross rent in Huntington, VA is $2,045 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,540.
What is the median household income in Huntington?
The median household income in Huntington, VA is $99,580 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Virginia?
Virginia has a top income tax rate of 5.75%, a sales tax of 5.3%, and an effective property tax rate of 0.8%.