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 143, with 100 being the average.
The cost of living index in Annandale is 1.4x higher than the national average.
Annandale ranks as the #131 cheapest in Virginia out of 186.
Annandale ranks as the #5,677 cheapest out of 6,412 in the US.
The median home value in Annandale is $544,300.
The median income in Annandale is $106,620.
According to the most recent data on the cost of living, Annandale has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Virginia, Annandale has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in Annandale ranks as #131 most affordable out of the 186 places we measured in Virginia. By definition, that implies Annandale ranks as the #55 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 116.
The Groceries index in Annandale is 123.
The Health index in Annandale is 93.
The Housing index in Annandale is 219.
The Transportation index in Annandale is 105.
The Utilities index in Annandale is 95.
|Living Expense||Annandale||Virginia||National Average|
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 2017-2021. The key points are:
The Median Home Value in Annandale is $544,300.
The Median Rent in Annandale is $1,752.
The Median Income in Annandale is $106,620.
The Home Value To Income in Annandale is 5.1x.
The Rent To Monthly Income in Annandale is 0.2x.
|Median Home Value||$544,300||$295,500||$244,900|
|Home Value To Income||5.1x||3.7x||3.5x|
|Rent To Monthly Income||0.2x||0.2x||0.2x|
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 146, 1.0x Annandale.
North Potomac, MD has a cost of living index of 167, 1.2x Annandale.
Lincolnia, VA has a cost of living index of 146, 1.0x Annandale.
|City||Population||Cost Of Living||Vs. Annandale|
|West Falls Church, VA||31,023||146||1.0x|
|North Potomac, MD||24,449||167||1.2x|
|Kemp Mill, MD||14,509||141||1.0x|
|Lake Barcroft, VA||10,682||164||1.1x|
|Chevy Chase, MD||9,889||204||1.4x|