Studley, VA Cost of Living & Utility Guide 2026

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Studley, VA Utility & Living Guide

Living in Studley, VA offers a tranquil and scenic experience with easy access to Richmond's amenities

Last updated: September 21, 2026

Total Utilities$290/mo

1BR Rent$1100/mo

Sales Tax5.3%

COL Index105 (+5% above national average)

Family Score7/10

Median Home$340,000

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🌤️ Live Weather — Studley

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Studley is experiencing growth in its local economy, driven by new businesses and developments in the area. However, this growth also brings concerns about traffic and infrastructure.

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⚠️ Natural Hazard History — Studley

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💰 Budget Calculator

🔌 Utilities

🏠 Housing

📊 Cost of Living

💰 Taxes

👨‍👩‍👧 Families

🧮 Tools

Monthly Utility Costs

⚡ Electric

$140/mo

Dominion Energy

🔥 Gas

—

N/A - Electric only

💧 Water

$50/mo

Hanover County Public Utilities

🗑️ Garbage

$30/mo

Waste Management

📶 Internet

$70/mo

Combined Average Overhead$290/month

Housing Market

Rent & Property
1 Bedroom	$1100/mo
2 Bedrooms	$1400/mo
3 Bedrooms	$2000/mo
Median Home Price	$340,000
Property Tax Rate	0.85%
Avg Childcare/mo	$1200

The housing market in Studley is characterized by a mix of older and newer homes, with a moderate supply of rentals. Home prices have been steadily increasing over the past few years. The area is popular with families and commuters to Richmond.

Cost of Living

Overall COL Index

105

US national avg = 100

vs National Avg

+5% above national average

Groceries

102

Transportation

Healthcare

100

Childcare/mo

$1200

Tax Rates

Tax Overview
Total Sales Tax	5.3%
Property Tax Rate	0.85%
<p>State 4.3% + County 1%</p>

Virginia has a progressive income tax system with rates ranging from 2% to 5.75%

Family & Relocation

Family Vibe Score

7/10

Safety Index

Higher = safer

School Rating

7.2/10

GreatSchools avg

Avg Childcare

$1200/mo

City Pulse

Population Trend

+2% (growing)

Political Climate

Purple description, with a mix of Democratic and Republican voters

Business Momentum

Moderate, with key industries in healthcare, education, and retail

Top Local Concerns

Traffic, education, public safety

🚌 Transit for Families

The area has limited public transportation options, but sidewalks and parks are generally stroller-friendly

🎡 Top Kid Attractions

🎯
Kings Dominion
🎯
Richmond Zoo
🎯
Science Museum of Virginia

Best Neighborhoods for Families

The neighborhoods of Studley and surrounding areas offer a range of housing options, from historic homes to new developments. Families often prefer areas with good schools and community amenities. The area is generally considered safe and welcoming.

Household Budget Calculator

Estimate your real monthly cost of living in Studley based on your household profile.

📰 Live Local News

Hanover County has zoning regulations and ordinances governing land use, noise, and environmental protection

Financial Tools

Calculators

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Planning Tools

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📊 Studley — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Summer months bring higher electricity bills due to air conditioning usage, while winter months see increased costs for heating. Residents can expect to pay around 10-20% more for utilities during peak seasons.