States › Virginia › Big Stone Gap

Is Big Stone Gap, VA expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$83952% lower than U.S. average
💵 Families earn per year (2026)$58,866about $4,906/month · 32% lower than U.S. average
🔑 House price$163,00051% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.7 minutes.

How much money do I need?

To rent here comfortably, you should earn about $33,560 a year. That is $16 an hour at a full-time job.

Is rent cheaper than other Virginia cities?

Yes. Rent here is cheaper than in most of Virginia. It is number 6 of 199 cities from cheapest to most expensive.

Big Stone Gap
$839
$1,971
$1,161
$1,642
$1,329

How much do households earn in Big Stone Gap?

Under $25k
16.5%
$25k–50k
37.6%
$50k–100k
37.1%
$100k–150k
5.2%
$150k+
3.8%

Share of households by yearly income. 9.0% of households earn $100,000 or more.

Rent by apartment size in Big Stone Gap

SizeBig Stone GapU.S. average
1 bedroom$517$1,324
2 bedrooms$774$1,509
3 bedrooms$956$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Big Stone Gap overall?

Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).

Housing
107
Goods (food, clothes…)
100
Utilities
92
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Big Stone Gap, so the Virginia figure is shown.

Taxes and bills in Big Stone Gap

🏛️ Property tax$1,013a year · 0.62% of home value · U.S. $3,119
⚡ Electric bill$190a month (typical) · U.S. $156

Life in Big Stone Gap

Commute to work18.7 minU.S.: 26.4 min
College degree15.8%U.S.: 35.7%
Own their home63.3%U.S.: 65.2%
Below poverty line26.2%U.S.: 12.5%
Unemployment7%U.S.: 5.2%

Is it cheaper to rent or buy in Big Stone Gap?

Renting is cheaper right now: about $292 a month less.

Renting
$839
Owning
$1,131

Owning assumes a typical $163,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,300 for the down payment.

Frequently asked questions

What is the average rent in Big Stone Gap, VA?

Renting in Big Stone Gap costs a median of about $839 a month in 2026, including utilities. The Virginia median is $2,049.

How much do I need to make to live in Big Stone Gap?

To keep rent under 30% of income, you need about $33,560 a year, or $16 an hour at a full-time job.

Is Big Stone Gap cheap or expensive?

Big Stone Gap is rated Cheap: rent takes 17.1% of the typical household income of $58,866. It ranks 6th cheapest of 199 Virginia cities we track.

How much are property taxes in Big Stone Gap?

The median homeowner in Big Stone Gap pays $1,013 a year in property taxes, about 0.62% of the median home value.

Is Big Stone Gap more expensive than the national average?

Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Big Stone Gap?

The median home value in Big Stone Gap is $163,000, about 2.8 times the typical yearly household income.

5,162 people live in Big Stone Gap. Numbers are typical (middle) values.