Cost of living in Brandermill 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 Brandermill 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 Brandermill is 112, with 100 being the average.
The cost of living index in Brandermill is 1.1x higher than the national average.
Brandermill ranks as the #67 cheapest in Virginia out of 190.
Brandermill ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in Brandermill is $392,163.
The median income in Brandermill is $107,748.
According to the most recent data on the cost of living, Brandermill has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Virginia, Brandermill has a cost of living index that's 1.0x higher than Virginia's index of 110.
The standard of living in Brandermill ranks as #67 most affordable out of the 190 places we measured in Virginia. By definition, that implies Brandermill ranks as the #123 most expensive place in the Old Dominion.
For more reading on life in Brandermill, check out:
Six factors go into calculating the cost of living index in Brandermill. Here is how it fairs on each of the criteria:
The Services index in Brandermill is 100.
The Groceries index in Brandermill is 101.
The Health index in Brandermill is 97.
The Housing index in Brandermill is 146.
The Transportation index in Brandermill is 99.
The Utilities index in Brandermill is 107.
| Living Expense | Brandermill | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 112 | 110 | 100 | |
| Services | 100 | 101 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 146 | 130 | 100 | |
| Transportation | 99 | 94 | 100 | |
| Utilities | 107 | 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 Brandermill is $392,163.
The Median Rent in Brandermill is $1,695.
The Median Income in Brandermill is $107,748.
The Home Value To Income in Brandermill is 3.6x.
The Rent To Monthly Income in Brandermill is 0.19x.
| Statistic | Brandermill | Virginia | United States |
|---|---|---|---|
| Median Home Value | $392,163 | $404,962 | $303,400 |
| Median Rent | $1,695 | $1,514 | $1,348 |
| Median Income | $107,748 | $90,974 | $78,538 |
| Home Value To Income | 3.6x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
| Item | Brandermill | Virginia |
|---|---|---|
| Shampoo | $1.26 | $1.28 |
| Movie | $13.31 | $12.13 |
| Bowling | $24.17 | $18 |
| Haircut | $20.0 | $24.26 |
| Beauty Salon | $54.17 | $45.56 |
| Item | Brandermill | Virginia |
|---|---|---|
| Ground Beef | $5.54 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $5.27 | $4.93 |
| Pizza | $12.72 | $12.09 |
| Beer | $10.64 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
| Item | Brandermill | Virginia |
|---|---|---|
| Optometrist | $95.44 | $125.68 |
| Doctor | $122.83 | $135.78 |
| Dentist | $109.67 | $113.29 |
| Item | Brandermill | Virginia |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $60.0 | $59.92 |
| Item | Brandermill | Virginia |
|---|---|---|
| All Electricity | $227.22 | $193.99 |
| Phone | $185.33 | $192.25 |
The cost of living varies in the cities and towns around Brandermill. 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 Brandermill.
Tuckahoe, VA has a cost of living index of 118, 1.1x Brandermill.
Short Pump, VA has a cost of living index of 131, 1.2x Brandermill.
| City | Population | Cost Of Living | Vs. Brandermill |
|---|---|---|---|
| Richmond, VA | 227,595 | 106 | 0.9x |
| Tuckahoe, VA | 48,610 | 118 | 1.1x |
| Short Pump, VA | 28,177 | 131 | 1.2x |
| Chester, VA | 23,519 | 109 | 1.0x |
| Meadowbrook, VA | 20,383 | 102 | 0.9x |
| Laurel, VA | 18,180 | 107 | 1.0x |
| Bon Air, VA | 17,302 | 114 | 1.0x |
| Glen Allen, VA | 16,630 | 108 | 1.0x |
| Manchester, VA | 12,347 | 107 | 1.0x |
| Wyndham, VA | 12,084 | 150 | 1.3x |