Bellwood, VA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Bellwood, VA Summary

Cost of living in Bellwood 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 Bellwood 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 Bellwood is 94, with 100 being the average.

  • The cost of living index in Bellwood is 0.9x lower than the national average.

  • Bellwood ranks as the #30 cheapest in Virginia out of 186.

  • Bellwood ranks as the #2,290 cheapest out of 6,412 in the US.

  • The median home value in Bellwood is $153,100.

  • The median income in Bellwood is $44,872.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
94
Bellwood's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Bellwood, VA?

According to the most recent data on the cost of living, Bellwood has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.

Compared to Virginia, Bellwood has a cost of living index that's 0.9x lower than Virginia's index of 102.

The standard of living in Bellwood ranks as #30 most affordable out of the 186 places we measured in Virginia. By definition, that implies Bellwood ranks as the #156 most expensive place in the Old Dominion.

For more reading on life in Bellwood, check out:

30 out of 186
In Virginia
2,290 out of 6,412
In America

Bellwood Cost Of Living Vs. Virginia

Six factors go into calculating the cost of living index in Bellwood. Here is how it fairs on each of the criteria:

  • The Services index in Bellwood is 102.

  • The Groceries index in Bellwood is 93.

  • The Health index in Bellwood is 103.

  • The Housing index in Bellwood is 80.

  • The Transportation index in Bellwood is 93.

  • The Utilities index in Bellwood is 101.

Living Expense Bellwood Virginia National Average
Overall 94 102 100
Services 102 102 100
Groceries 93 98 100
Health 103 102 100
Housing 80 107 100
Transportation 93 95 100
Utilities 101 102 100
For more reading on cost of living around Virginia, check out:
Bellwood Cost of Living Vs. VA

Bellwood, VA Housing Cost Breakdown

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 Bellwood is $153,100.

  • The Median Rent in Bellwood is $1,273.

  • The Median Income in Bellwood is $44,872.

  • The Home Value To Income in Bellwood is 3.4x.

  • The Rent To Monthly Income in Bellwood is 0.34x.

Statistic Bellwood Virginia United States
Median Home Value $153,100 $295,500 $244,900
Median Rent $1,273 $1,326 $1,163
Median Income $44,872 $80,615 $69,021
Home Value To Income 3.4x 3.7x 3.5x
Rent To Monthly Income 0.34x 0.2x 0.2x
Search Homes For Sale In Bellwood, VA
$153,100
Median Home Value
$1,273
Median Rent
$44,872
Median Income

Bellwood, VA Costs By Category

Detailed Bellwood Services Costs Vs. Virginia

Item Bellwood Virginia
Shampoo $0.97 $1.06
Movie $11.73 $10.68
Bowling $18.0 $14.67
Haircut $21.36 $18.62
Beauty Salon $44.43 $39.05

Detailed Bellwood Groceries Costs Vs. Virginia

Item Bellwood Virginia
Ground Beef $3.61 $4.22
Fried Chicken $1.05 $1.39
Milk $1.58 $2.05
Potatoes $3.16 $3.29
Pizza $10.13 $10.62
Beer $9.82 $9.38
Toothpaste $1.85 $2.34

Detailed Bellwood Health Costs Vs. Virginia

Item Bellwood Virginia
Optometrist $116.2 $108.57
Doctor $139.74 $116.17
Dentist $99.4 $99.13

Detailed Bellwood Transportation Costs Vs. Virginia

Item Bellwood Virginia
Gasoline $2.01 $2.22
Tire Balancing $46.7 $50.07

Detailed Bellwood Utilities Costs Vs. Virginia

Item Bellwood Virginia
All Electricity $176.41 $167.67
Phone $177.97 $175.64

Bellwood SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
5
Diversity
10
Safety
N/A
Amenities
8
Education
4
Commute
6

Cost Of Living In Cities Around Bellwood

The cost of living varies in the cities and towns around Bellwood. Here's a quick look at the cost of living in the most populous nearby places:

  • Richmond, VA has a cost of living index of 99, 1.1x Bellwood.

  • Tuckahoe, VA has a cost of living index of 111, 1.2x Bellwood.

  • Mechanicsville, VA has a cost of living index of 107, 1.1x Bellwood.

City Population Cost Of Living Vs. Bellwood
Richmond, VA 225,676 99 1.1x
Tuckahoe, VA 48,187 111 1.2x
Mechanicsville, VA 37,767 107 1.1x
Chester, VA 22,512 101 1.1x
Meadowbrook, VA 19,574 101 1.1x
Colonial Heights, VA 18,127 97 1.0x
Laurel, VA 17,962 98 1.0x
Bon Air, VA 17,846 106 1.1x
Glen Allen, VA 14,783 108 1.1x
Brandermill, VA 13,745 108 1.1x

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