CostIndexUSA

Fayetteville, NC vs Lynchburg, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Fayetteville
92
overall index
$1,475/mo rent
More AffordableVA
Lynchburg
89.4
overall index
$1,300/mo rent

Lynchburg is slightly cheaper than Fayetteville — 2.8% lower overall cost of living.

To match an $80,000 salary in Fayetteville, you would need $77,700 in Lynchburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing12.6%
Fayetteville
73.1
Lynchburg
63.9
🛒 Groceries≈ Equal
Fayetteville
96.6
Lynchburg
96.8
🚗 Transportation≈ Equal
Fayetteville
103.1
Lynchburg
103.5
🏥 Healthcare≈ Equal
Fayetteville
93.3
Lynchburg
93.7
Utilities≈ Equal
Fayetteville
87.8
Lynchburg
87.8

Salary Equivalency Calculator

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

$
Equivalent salary in Lynchburg, VA
$77,700
$2,300 less needed in Lynchburg

Formula: salary × (89.4 ÷ 92) = salary × 0.9717. Based on BEA Regional Price Parities.

Housing Market

Fayetteville, NC

Median Home Price
$251,000
Median Monthly Rent
$1,475
Housing Index
73.1
Price-to-Rent Ratio
14.2×

Lynchburg, VA

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

Fayetteville has 12.6% lower housing costs compared to Lynchburg.

Income & Job Market

Fayetteville, NC

Median Household Income
$61,200
Per Capita Income
$34,900
Unemployment Rate
6.5%
Population
208,501
Top Industries
MilitaryHealthcareRetailGovernmentManufacturing

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).

Fayetteville, NC
3.5×income-to-rent ratio

71% 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.