Facts & Figures

Cost of Doing Business

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Augusta County offers a competitive climate for business. Our labor costs trend below the national average, we enjoy low and stable tax rates, and offer a relatively lower cost of living.

Augusta County Tax Rates

Category Tax per $100 Tax per $1,000
Real Property $0.52 $5.20
Machinery and Tools $2.00 (20% assessment ratio) = $0.40 $20.00 (20% assessment ratio) = $4.00
Personal Property $2.00 $20.00

Utilities

Augusta County’s low utility rates allow your business to invest more into day-to-day operations.

Electricity

Dominion Energy and Shenandoah Valley Electric Cooperative offer low rates, reliable service, and commercial support.

Gas

Columbia Gas of Virginia provides natural gas to users in Augusta County.

Fiber

Numerous providers including Verizon, Lumos, and MGW, among others, connect Augusta County sites and businesses with fiber. Redundant fiber is available on many sites.

Water / Wastewater

Augusta Water provides public water and sewer for your business including:

  • Ample, clean water (Water quality report)
  • Reasonable wastewater pre-treatment requirements
  • Systems and treatment plants to accommodate large water and wastewater treatment needs

Cost of Living (2 Adults & 2 Children, 2025)

Staunton/Waynesboro/ Augusta County metro area Charlottesville, VA metro area Fairfax County, VA Washington, DC metro area New York metro area San Francisco metro area
 HOUSING $1,269 $1,729 $2,586 $2,314 $2,780 $3,318
 FOOD $1,004 $1,128 $1,246 $1,193 $1,231 $1,357
 CHILD CARE $1,593 $1,969 $2,752 $2,827 $2,496 $4,528
 TRANSPORTATION $1,487 $1,603 $1,452 $1,458 $883 $1,550
 HEALTH CARE $1,260 $1,260 $1,163 $1,221 $2,149 $1,935
 OTHER NECESSITIES $706 $887 $1,190 $1,089 $1,245 $1,451
 TAXES $1,294 $1,890 $2,868 $2,679 $3,170 $5,134
Monthly Total $8,616 $10,469 $13,260 $12,783 $13,956 $19,275
Local Composite Index 1.00 1.21 1.53 1.48 1.61 2.23

Source: Economic Policy Institute Family Budget Calculator

5-day permit process, 10-day site plan review

0.4% effective rate in Machinery & Tools

#1 State for Doing Business (VA), CNBC 2024