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Hot Springs, VA Utility & Living Guide
Living in Hot Springs, VA offers a unique blend of natural beauty and small-town charm in the heart of the Allegheny Mountains.
Monthly Utility Costs
$130/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1000/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.6% |
| Avg Childcare/mo | $900 |
The housing market in Hot Springs is characterized by a mix of historic homes, modern developments, and rural properties. With a relatively low cost of living, it’s an attractive option for those looking to relocate. However, the market can be competitive due to the area’s natural beauty and limited inventory.
Cost of Living
105
+5% above national average
102
98
100
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.6% |
| <p>State 4.3% + Local 1%</p> | |
Virginia has a progressive income tax system with rates ranging from 2% to 5.75%
Family & Relocation
60
7/10
$900/mo
City Pulse
Hot Springs has limited public transportation, but the area is relatively walkable and bikeable, with some stroller-friendly sidewalks and parks
- Garth Newel Music Center
- Douthat State Park
- Homestead Ski Resort
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Hot Springs based on your household profile.
📰 Live Local News
Bath County has regulations regarding zoning, building permits, and environmental conservation
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 Hot Springs — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Hot Springs tend to be higher in the winter months due to heating needs, with average electricity bills increasing by 20-30% from December to February. In contrast, summer months see a slight decrease in utility costs, with average electricity bills 10-20% lower from June to August.
🏛️ Local Tax Details
The ZIP code 24445 has a property tax millage rate of 0.6%, with no local surtaxes
👶 Family & Stroller Friendliness
6/10, with explanation: Hot Springs has some stroller-friendly sidewalks and parks, but the area's hilly terrain and limited public transportation can make it challenging for families with strollers to get around
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