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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.
And while every neighbhorhood in Alexandria might be more expensive than living in rural Virginia, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Alexandria neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Alexandria are the cheapest.
The Cheapest Neighborhoods In Alexandria For 2022
What's the cheapest neighborhood to live in Alexandria for 2022? According to the most recent census data, Seminary Hill looks to be the cheaptest Alexandria neighborhood to live in.
At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Alexandria. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Alexandria that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Alexandria.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Virginia reading, check out:
- Best Places To Live In Virginia
- Cheapest Places To Live In Virginia
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 5 Cheapest Neighborhoods To Live In Alexandria For 2022
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Population: 22,478
Cost Of Living Index: 128 (3rd cheapest)
Home Value To Income Ratio: 3.6 (4th cheapest)
Rent To Income Ratio: 0.013 (6th cheapest)
More on Seminary Hill: Homes For Sale | Data
/10
Population: 6,851
Cost Of Living Index: 144 (6th cheapest)
Home Value To Income Ratio: 3.9 (5th cheapest)
Rent To Income Ratio: 0.011 (4th cheapest)
More on Taylor Run: Homes For Sale | Data
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Population: 26,628
Cost Of Living Index: 116 (2nd cheapest)
Home Value To Income Ratio: 3.0 (cheapest)
Rent To Income Ratio: 0.017 (13th cheapest)
More on Landmark-Van Dom: Homes For Sale | Data
/10
Population: 30,816
Cost Of Living Index: 115 (cheapest)
Home Value To Income Ratio: 3.1 (2nd cheapest)
Rent To Income Ratio: 0.022 (15th cheapest)
More on Alexandria Wrest: Homes For Sale | Data
/10
Population: 545
Cost Of Living Index: 141 (4th cheapest)
Home Value To Income Ratio: 3.4 (3rd cheapest)
Rent To Income Ratio: 0.016 (12th cheapest)
More on Fairlington-Bradlee: Homes For Sale | Data
Methodology: How We Determined The Cheapest Alexandria Hoods In 2022
In order to rank the cheapest places to live in Alexandria, we had to determine what criteria defines "cheap".
Using census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 15 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In Alexandria." We're lookin' at you, Seminary Hill.
Read on below to learn more about what it's like to live in the cheapest places Alexandria. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Alexandria
If you're measuring the neighborhoods in Alexandria where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Alexandria aren't all cheap. Southwest Wuadrant takes the title of the most expensive neighborhood to live in Alexandria.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Virginia reading, check out:
- Most Dangerous Cities In Virginia
- Richest Cities In Virginia
- Safest Places In Virginia
- Worst Cities In Virginia For 2017
Detailed List Of The Cheapest Neighborhoods To Live In Alexandria For 2022
| Rank | Neighborhood | Cost Of Living Index |
|---|---|---|
| 1 | Seminary Hill | 128 |
| 2 | Taylor Run | 144 |
| 3 | Landmark-Van Dom | 116 |
| 4 | Alexandria Wrest | 115 |
| 5 | Fairlington-Bradlee | 141 |
| 6 | Northeast | 156 |
| 7 | North Ridge-Rosemont | 167 |
| 8 | Old Town North | 147 |
| 9 | King St Metro | 153 |
| 10 | Eisenhower East | 144 |
| 11 | Potomac Yard-Potomac Greens | 152 |
| 12 | Braddock Road Metro | 170 |
| 13 | Potomac West | 157 |
| 14 | Old Town | 186 |
| 15 | Southwest Wuadrant | 173 |
