Colonial Heights, VA Cost Of Living
Cost Of Living In Colonial Heights, VA Summary
Cost of living in Colonial Heights 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 Colonial Heights 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 Colonial Heights is 101, with 100 being the average.
The cost of living index in Colonial Heights is 1.0x higher than the national average.
Colonial Heights ranks as the #39 cheapest in Virginia out of 190.
Colonial Heights ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Colonial Heights is $290,576.
The median income in Colonial Heights is $76,250.
Table Of Contents
Colonial Heights's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Colonial Heights, VA?
According to the most recent data on the cost of living, Colonial Heights has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Virginia, Colonial Heights has a cost of living index that's 0.9x lower than Virginia's index of 110.
The standard of living in Colonial Heights ranks as #39 most affordable out of the 190 places we measured in Virginia. By definition, that implies Colonial Heights ranks as the #151 most expensive place in the Old Dominion.
For more reading on life in Colonial Heights, check out:
In Virginia
In America
Colonial Heights Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Colonial Heights. Here is how it fairs on each of the criteria:
The Services index in Colonial Heights is 99.
The Groceries index in Colonial Heights is 101.
The Health index in Colonial Heights is 97.
The Housing index in Colonial Heights is 99.
The Transportation index in Colonial Heights is 102.
The Utilities index in Colonial Heights is 107.
| Living Expense | Colonial Heights | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 101 | 110 | 100 | |
| Services | 99 | 101 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 99 | 130 | 100 | |
| Transportation | 102 | 94 | 100 | |
| Utilities | 107 | 104 | 100 | |
Colonial Heights, 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 2019-2023. The key points are:
The Median Home Value in Colonial Heights is $290,576.
The Median Rent in Colonial Heights is $1,162.
The Median Income in Colonial Heights is $76,250.
The Home Value To Income in Colonial Heights is 3.8x.
The Rent To Monthly Income in Colonial Heights is 0.18x.
| Statistic | Colonial Heights | Virginia | United States |
|---|---|---|---|
| Median Home Value | $290,576 | $404,962 | $303,400 |
| Median Rent | $1,162 | $1,514 | $1,348 |
| Median Income | $76,250 | $90,974 | $78,538 |
| Home Value To Income | 3.8x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Colonial Heights, VA Costs By Category
Detailed Colonial Heights Services Costs Vs. Virginia
| Item | Colonial Heights | 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 |
Detailed Colonial Heights Groceries Costs Vs. Virginia
| Item | Colonial Heights | 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 |
Detailed Colonial Heights Health Costs Vs. Virginia
| Item | Colonial Heights | Virginia |
|---|---|---|
| Optometrist | $95.44 | $125.68 |
| Doctor | $122.83 | $135.78 |
| Dentist | $109.67 | $113.29 |
Detailed Colonial Heights Transportation Costs Vs. Virginia
| Item | Colonial Heights | Virginia |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $60.0 | $59.92 |
Detailed Colonial Heights Utilities Costs Vs. Virginia
| Item | Colonial Heights | Virginia |
|---|---|---|
| All Electricity | $227.22 | $193.99 |
| Phone | $185.33 | $192.25 |
Colonial Heights SnackAbility
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Cost Of Living In Cities Around Colonial Heights
The cost of living varies in the cities and towns around Colonial Heights. 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, 1.0x Colonial Heights.
Petersburg, VA has a cost of living index of 94, 0.9x Colonial Heights.
Chester, VA has a cost of living index of 109, 1.1x Colonial Heights.
| City | Population | Cost Of Living | Vs. Colonial Heights |
|---|---|---|---|
| Richmond, VA | 227,595 | 106 | 1.0x |
| Petersburg, VA | 33,365 | 94 | 0.9x |
| Chester, VA | 23,519 | 109 | 1.1x |
| Hopewell, VA | 22,944 | 94 | 0.9x |
| Meadowbrook, VA | 20,383 | 102 | 1.0x |
| Brandermill, VA | 13,938 | 112 | 1.1x |
| Manchester, VA | 12,347 | 107 | 1.1x |
| Rockwood, VA | 8,834 | 113 | 1.1x |
| Bellwood, VA | 8,489 | 97 | 1.0x |
| Fort Lee, VA | 8,318 | 124 | 1.2x |
