Cost of living in Bon Air 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 Bon Air 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 Bon Air is 114, with 100 being the average.
The cost of living index in Bon Air is 1.1x higher than the national average.
Bon Air ranks as the #73 cheapest in Virginia out of 190.
Bon Air ranks as the #4,023 cheapest out of 6,489 in the US.
The median home value in Bon Air is $369,597.
The median income in Bon Air is $97,620.
According to the most recent data on the cost of living, Bon Air has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Virginia, Bon Air has a cost of living index that's 1.0x higher than Virginia's index of 110.
The standard of living in Bon Air ranks as #73 most affordable out of the 190 places we measured in Virginia. By definition, that implies Bon Air ranks as the #117 most expensive place in the Old Dominion.
For more reading on life in Bon Air, check out:
Six factors go into calculating the cost of living index in Bon Air. Here is how it fairs on each of the criteria:
The Services index in Bon Air is 98.
The Groceries index in Bon Air is 102.
The Health index in Bon Air is 97.
The Housing index in Bon Air is 142.
The Transportation index in Bon Air is 101.
The Utilities index in Bon Air is 105.
| Living Expense | Bon Air | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 114 | 110 | 100 | |
| Services | 98 | 101 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 142 | 130 | 100 | |
| Transportation | 101 | 94 | 100 | |
| Utilities | 105 | 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 Bon Air is $369,597.
The Median Rent in Bon Air is $1,731.
The Median Income in Bon Air is $97,620.
The Home Value To Income in Bon Air is 3.8x.
The Rent To Monthly Income in Bon Air is 0.21x.
The cost of living varies in the cities and towns around Bon Air. 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 106, 0.9x Bon Air.
Tuckahoe, VA has a cost of living index of 118, 1.0x Bon Air.
Mechanicsville, VA has a cost of living index of 112, 1.0x Bon Air.
| City | Population | Cost Of Living | Vs. Bon Air |
|---|---|---|---|
| Richmond, VA | 227,595 | 106 | 0.9x |
| Tuckahoe, VA | 48,610 | 118 | 1.0x |
| Mechanicsville, VA | 38,437 | 112 | 1.0x |
| Short Pump, VA | 28,177 | 131 | 1.1x |
| Meadowbrook, VA | 20,383 | 102 | 0.9x |
| Glen Allen, VA | 16,630 | 108 | 0.9x |
| Brandermill, VA | 13,938 | 112 | 1.0x |
| Lakeside, VA | 12,845 | 104 | 0.9x |
| Manchester, VA | 12,347 | 107 | 0.9x |
| Wyndham, VA | 12,084 | 150 | 1.3x |