Cost of living in Annandale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Annandale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Annandale is 147, with 100 being the average.
The cost of living index in Annandale is 1.5x higher than the national average.
Annandale ranks as the #130 cheapest in Virginia out of 190.
Annandale ranks as the #5,616 cheapest out of 6,489 in the US.
The median home value in Annandale is $741,193.
The median income in Annandale is $112,872.
According to the most recent data on the cost of living, Annandale has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to Virginia, Annandale has a cost of living index that's 1.3x higher than Virginia's index of 110.
The standard of living in Annandale ranks as #130 most affordable out of the 190 places we measured in Virginia. By definition, that implies Annandale ranks as the #60 most expensive place in the Old Dominion.
For more reading on life in Annandale, check out:
Six factors go into calculating the cost of living index in Annandale. Here is how it fairs on each of the criteria:
The Services index in Annandale is 109.
The Groceries index in Annandale is 116.
The Health index in Annandale is 111.
The Housing index in Annandale is 244.
The Transportation index in Annandale is 101.
The Utilities index in Annandale is 100.
| Living Expense | Annandale | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 147 | 110 | 100 | |
| Services | 109 | 101 | 100 | |
| Groceries | 116 | 99 | 100 | |
| Health | 111 | 98 | 100 | |
| Housing | 244 | 130 | 100 | |
| Transportation | 101 | 94 | 100 | |
| Utilities | 100 | 104 | 100 | |
Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Annandale is $741,193.
The Median Rent in Annandale is $1,932.
The Median Income in Annandale is $112,872.
The Home Value To Income in Annandale is 6.6x.
The Rent To Monthly Income in Annandale is 0.21x.
The cost of living varies in the cities and towns around Annandale. Here's a quick look at the cost of living in the most populous nearby places:
West Falls Church, VA has a cost of living index of 153, 1.0x Annandale.
North Potomac, MD has a cost of living index of 172, 1.2x Annandale.
Lincolnia, VA has a cost of living index of 148, 1.0x Annandale.
| City | Population | Cost Of Living | Vs. Annandale |
|---|---|---|---|
| West Falls Church, VA | 30,660 | 153 | 1.0x |
| North Potomac, MD | 23,994 | 172 | 1.2x |
| Lincolnia, VA | 19,913 | 148 | 1.0x |
| Kemp Mill, MD | 14,437 | 145 | 1.0x |
| Colesville, MD | 14,075 | 140 | 1.0x |
| Wakefield, VA | 12,024 | 178 | 1.2x |
| Travilah, MD | 11,128 | 224 | 1.5x |
| Lake Barcroft, VA | 10,678 | 171 | 1.2x |
| Woodburn, VA | 10,046 | 161 | 1.1x |
| Chevy Chase, MD | 9,484 | 257 | 1.7x |