Regional Advantages
Regional Advantages

Live the Good Life for Less

How does Roanoke compare?

Roanoke offers the best value of any metro area in Virginia and excellent value nationally. It features all the amenities of a major metro area while being the 54th lowest-cost metro in the nation—that’s lower than 80% of all other participating metros.  What’s more, the cost of doing business is 18% lower than the national average. In other words, you can live the good life for less in Roanoke.

A low cost of living is important to your people and your business. From mortgages to operating budgets, you’ll save money by every metric in the Roanoke Region.

Cost of Living Index: Market

Region/MarketCost of Living Index
Washington, D.C./Arlington, VA136.8
Charlottesville, VA102.2
Roanoke Region92.2
Source:, 2023-Annual Average