Cost of Living in Charlottesville, VA
Population: 45,863 • 2026 Data
$69,829
Median Household Income
-10% vs national
$1,453
Median Monthly Rent
+8% vs national
$448,400
Median Home Value
+32% vs national
4.7%
Unemployment Rate
Housing in Charlottesville
The median home value in Charlottesville, VA is $448,400. Monthly rent for a typical unit averages $1,453, while total monthly housing costs (including utilities and insurance) average $1,529.
Rent-to-income ratio: 25.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Charlottesville, VA is $69,829. The unemployment rate stands at 4.7%, with a labor force of 25,269 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.