According to the most recent data on the cost of living, Fredericksburg has an overall cost of living index of 124 which is 1.2x higher than the national index of 100.
Compared to only Virginia, Fredericksburg has a cost of living index that's 1.2x higher than Virginia's index of 106.
The standard of living in Fredericksburg ranks as #5,001 most affordable out of the 6,418 places we measured in Virginia. By definition, that implies Fredericksburg ranks as the #1,417 most expensive place in the Old Dominion.
Living Expense | Fredericksburg | Virginia | National Average | |
---|---|---|---|---|
Overall | 124 | 106 | 100 | |
Services | 106 | 99 | 100 | |
Groceries | 122 | 98 | 100 | |
Health | 101 | 98 | 100 | |
Housing | 154 | 131 | 100 | |
Transportation | 104 | 93 | 100 | |
Utilities | 99 | 96 | 100 |
Housing swings affordability the most between places in Virginia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Fredericksburg | Virginia | United States |
---|---|---|---|
Median Home Value | $376,700 | $282,800 | $229,800 |
Median Rent | $1,287 | $1,257 | $1,096 |
Median Income | $69,528 | $76,398 | $64,994 |
Home Value To Income | 5.4x | 3.7x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Item | Fredericksburg | Virginia |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.45 | $10.68 |
Bowling | $19.83 | $14.67 |
Item | Fredericksburg | Virginia |
---|---|---|
Ground Beef | $4.79 | $4.22 |
Fried Chicken | $1.62 | $1.39 |
Milk | $2.58 | $2.05 |
Item | Fredericksburg | Virginia |
---|---|---|
Haircut | $25.56 | $18.62 |
Beauty Salon | $56.94 | $39.05 |
Toothpaste | $3.52 | $2.34 |
Item | Fredericksburg | Virginia |
---|---|---|
Potatoes | $4.21 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $10.66 | $9.38 |
Optometrist | $104.67 | $108.57 |
Doctor | $128.0 | $116.17 |
Dentist | $103.17 | $99.13 |
Item | Fredericksburg | Virginia |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $51.0 | $50.07 |
All Electricity | $160.85 | $167.67 |
Phone | $177.97 | $175.64 |
City | Population | Cost Of Living | Vs. Fredericksburg |
---|---|---|---|
Burke, VA | 44,077 | 154 | 1.2x |
South Riding, VA | 32,526 | 156 | 1.3x |
Franklin Farm, VA | 18,845 | 167 | 1.3x |
Broadlands, VA | 14,146 | 163 | 1.3x |
Kings Park West, VA | 14,090 | 158 | 1.3x |
Dranesville, VA | 11,929 | 165 | 1.3x |
Dunn Loring, VA | 9,217 | 183 | 1.5x |
Lake of the Woods, VA | 8,565 | 114 | 0.9x |
Floris, VA | 7,752 | 177 | 1.4x |
South Run, VA | 6,760 | 191 | 1.5x |