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The cost of living in Wise, VA is relatively low compared to the national average. According to BestPlaces, the cost of living index for Wise is around 83 (versus 100 for the national average). This means that goods and services are generally cheaper than in most other parts of the country. Additionally, housing costs are very reasonable in Wise – the median home value is only $92,400. Renters can expect to find much better rates than in many other parts of Virginia or the nation as a whole. All told, Wise provides an excellent quality of life at affordable prices.Our cost of living indices are based on a US average of 100. An amount below 100 means Wise is cheaper than the US average. A cost of living index above 100 means Wise, Virginia is more expensive.
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