CostIndexUSA

Bloomington, IN vs Lynchburg, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IN
Bloomington
95.1
overall index
$1,550/mo rent
More AffordableVA
Lynchburg
89.4
overall index
$1,300/mo rent

Lynchburg is moderately cheaper than Bloomington — 6.0% lower overall cost of living.

To match an $80,000 salary in Bloomington, you would need $75,200 in Lynchburg. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing25.4%
Bloomington
85.6
Lynchburg
63.9
🛒 Groceries+2.7%
Bloomington
94.3
Lynchburg
96.8
🚗 Transportation0.6%
Bloomington
104.1
Lynchburg
103.5
🏥 Healthcare≈ Equal
Bloomington
94.2
Lynchburg
93.7
Utilities+1.5%
Bloomington
86.5
Lynchburg
87.8

Salary Equivalency Calculator

Enter your current salary in Bloomington to see what you'd need to earn in Lynchburg to maintain the same purchasing power.

$
Equivalent salary in Lynchburg, VA
$75,200
$4,800 less needed in Lynchburg

Formula: salary × (89.4 ÷ 95.1) = salary × 0.9401. Based on BEA Regional Price Parities.

Housing Market

Bloomington, IN

Median Home Price
$288,000
Median Monthly Rent
$1,550
Housing Index
85.6
Price-to-Rent Ratio
15.5×

Lynchburg, VA

Median Home Price
$277,000
Median Monthly Rent
$1,300
Housing Index
63.9
Price-to-Rent Ratio
17.8×

Bloomington has 25.4% lower housing costs compared to Lynchburg.

Income & Job Market

Bloomington, IN

Median Household Income
$58,700
Per Capita Income
$33,500
Unemployment Rate
4.4%
Population
79,168
Top Industries
EducationHealthcareTechnologyGovernmentRetail

Lynchburg, VA

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
2.9%
Population
82,168
Top Industries
HealthcareEducationManufacturingRetailGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bloomington, IN
3.2×income-to-rent ratio

68% of income left after rent (median)

Lynchburg, VA
4.3×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.