Waterford, VA Economy

Waterford, VA is an idyllic small town located in rural Virginia, surrounded by rolling hills and picturesque views. It is a great place to settle down and raise a family, with its access to amenities like local shopping, healthcare services, and entertainment. The cost of living in Waterford is significantly lower than the US average; the 2 bedroom rent is $1,430 compared to $1,600 on average across the country. Additionally, the Grocery Cost Index is 100 versus 100 in the US. This makes it easier for locals to save money on basic necessities. The town also has several local businesses that offer products and services to benefit residents such as Waterford Hardware & Supply Co., which provides quality home improvement materials and quick delivery services. The Papermill Deli & Market offers fresh local produce grown on nearby farms alongside homemade sandwiches and baked goods.