Cost of living in Burke Centre 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 Burke Centre 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 Burke Centre is 144, with 100 being the average.
The cost of living index in Burke Centre is 1.4x higher than the national average.
Burke Centre ranks as the #121 cheapest in Virginia out of 190.
Burke Centre ranks as the #5,533 cheapest out of 6,489 in the US.
The median home value in Burke Centre is $690,917.
The median income in Burke Centre is $159,932.
According to the most recent data on the cost of living, Burke Centre has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.
Compared to Virginia, Burke Centre has a cost of living index that's 1.3x higher than Virginia's index of 110.
The standard of living in Burke Centre ranks as #121 most affordable out of the 190 places we measured in Virginia. By definition, that implies Burke Centre ranks as the #69 most expensive place in the Old Dominion.
For more reading on life in Burke Centre, check out:
Six factors go into calculating the cost of living index in Burke Centre. Here is how it fairs on each of the criteria:
The Services index in Burke Centre is 109.
The Groceries index in Burke Centre is 114.
The Health index in Burke Centre is 114.
The Housing index in Burke Centre is 238.
The Transportation index in Burke Centre is 101.
The Utilities index in Burke Centre is 102.
| Living Expense | Burke Centre | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 144 | 110 | 100 | |
| Services | 109 | 101 | 100 | |
| Groceries | 114 | 99 | 100 | |
| Health | 114 | 98 | 100 | |
| Housing | 238 | 130 | 100 | |
| Transportation | 101 | 94 | 100 | |
| Utilities | 102 | 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 Burke Centre is $690,917.
The Median Rent in Burke Centre is $2,360.
The Median Income in Burke Centre is $159,932.
The Home Value To Income in Burke Centre is 4.3x.
The Rent To Monthly Income in Burke Centre is 0.18x.
| Statistic | Burke Centre | Virginia | United States |
|---|---|---|---|
| Median Home Value | $690,917 | $404,962 | $303,400 |
| Median Rent | $2,360 | $1,514 | $1,348 |
| Median Income | $159,932 | $90,974 | $78,538 |
| Home Value To Income | 4.3x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
| Item | Burke Centre | Virginia |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $11.2 | $12.13 |
| Bowling | $19.22 | $18 |
| Haircut | $18.62 | $24.26 |
| Beauty Salon | $35.2 | $45.56 |
| Item | Burke Centre | Virginia |
|---|---|---|
| Ground Beef | $5.49 | $5.84 |
| Fried Chicken | $1.37 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $4.76 | $4.93 |
| Pizza | $12.47 | $12.09 |
| Beer | $10.83 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
| Item | Burke Centre | Virginia |
|---|---|---|
| Optometrist | $109.25 | $125.68 |
| Doctor | $94.1 | $135.78 |
| Dentist | $109.57 | $113.29 |
| Item | Burke Centre | Virginia |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $62.25 | $59.92 |
| Item | Burke Centre | Virginia |
|---|---|---|
| All Electricity | $248.7 | $193.99 |
| Phone | $185.37 | $192.25 |
The cost of living varies in the cities and towns around Burke Centre. Here's a quick look at the cost of living in the most populous nearby places:
Bethesda, MD has a cost of living index of 202, 1.4x Burke Centre.
Potomac, MD has a cost of living index of 199, 1.4x Burke Centre.
Burke, VA has a cost of living index of 160, 1.1x Burke Centre.
| City | Population | Cost Of Living | Vs. Burke Centre |
|---|---|---|---|
| Bethesda, MD | 67,403 | 202 | 1.4x |
| Potomac, MD | 46,230 | 199 | 1.4x |
| Burke, VA | 43,336 | 160 | 1.1x |
| West Springfield, VA | 22,905 | 153 | 1.1x |
| Franklin Farm, VA | 18,509 | 171 | 1.2x |
| Kings Park West, VA | 13,281 | 163 | 1.1x |
| Fairfax Station, VA | 12,298 | 176 | 1.2x |
| Wakefield, VA | 12,024 | 178 | 1.2x |
| Lowes Island, VA | 11,199 | 170 | 1.2x |
| Travilah, MD | 11,128 | 224 | 1.6x |