CostIndexUSA

Bloomington, IN vs Roanoke, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IN
Bloomington
95.1
overall index
$1,550/mo rent
More AffordableVA
Roanoke
93.6
overall index
$1,350/mo rent

Roanoke is slightly cheaper than Bloomington — 1.6% lower overall cost of living.

To match an $80,000 salary in Bloomington, you would need $78,700 in Roanoke. Calculate your salary ↓

Category Breakdown

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

🏠 Housing8.3%
Bloomington
85.6
Roanoke
78.5
🛒 Groceries+2.7%
Bloomington
94.3
Roanoke
96.8
🚗 Transportation0.6%
Bloomington
104.1
Roanoke
103.5
🏥 Healthcare≈ Equal
Bloomington
94.2
Roanoke
93.7
Utilities+2.8%
Bloomington
86.5
Roanoke
88.9

Salary Equivalency Calculator

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

$
Equivalent salary in Roanoke, VA
$78,700
$1,300 less needed in Roanoke

Formula: salary × (93.6 ÷ 95.1) = salary × 0.9842. 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×

Roanoke, VA

Median Home Price
$287,000
Median Monthly Rent
$1,350
Housing Index
78.5
Price-to-Rent Ratio
17.7×

Bloomington has 8.3% lower housing costs compared to Roanoke.

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

Roanoke, VA

Median Household Income
$65,500
Per Capita Income
$37,300
Unemployment Rate
3.2%
Population
99,394
Top Industries
HealthcareManufacturingRetailFinanceGovernment

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)

Roanoke, VA
4.0×income-to-rent ratio

75% 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.