George Mason, VA Cost Of Living
Cost Of Living In George Mason, VA Summary
Cost of living in George Mason 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 George Mason 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 George Mason is 159, with 100 being the average.
The cost of living index in George Mason is 1.6x higher than the national average.
George Mason ranks as the #158 cheapest in Virginia out of 190.
George Mason ranks as the #5,877 cheapest out of 6,489 in the US.
The median home value in George Mason is $772,201.
The median income in George Mason is $154,479.
Table Of Contents
George Mason's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in George Mason, VA?
According to the most recent data on the cost of living, George Mason has an overall cost of living index of 159, which is 1.6x higher than the national index of 100.
Compared to Virginia, George Mason has a cost of living index that's 1.4x higher than Virginia's index of 110.
The standard of living in George Mason ranks as #158 most affordable out of the 190 places we measured in Virginia. By definition, that implies George Mason ranks as the #32 most expensive place in the Old Dominion.
For more reading on life in George Mason, check out:
In Virginia
In America
George Mason Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in George Mason. Here is how it fairs on each of the criteria:
The Services index in George Mason is 106.
The Groceries index in George Mason is 114.
The Health index in George Mason is 113.
The Housing index in George Mason is 286.
The Transportation index in George Mason is 98.
The Utilities index in George Mason is 102.
| Living Expense | George Mason | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 159 | 110 | 100 | |
| Services | 106 | 101 | 100 | |
| Groceries | 114 | 99 | 100 | |
| Health | 113 | 98 | 100 | |
| Housing | 286 | 130 | 100 | |
| Transportation | 98 | 94 | 100 | |
| Utilities | 102 | 104 | 100 | |
George Mason, 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 George Mason is $772,201.
The Median Rent in George Mason is $2,377.
The Median Income in George Mason is $154,479.
The Home Value To Income in George Mason is 5.0x.
The Rent To Monthly Income in George Mason is 0.18x.
| Statistic | George Mason | Virginia | United States |
|---|---|---|---|
| Median Home Value | $772,201 | $404,962 | $303,400 |
| Median Rent | $2,377 | $1,514 | $1,348 |
| Median Income | $154,479 | $90,974 | $78,538 |
| Home Value To Income | 5.0x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
George Mason, VA Costs By Category
Detailed George Mason Services Costs Vs. Virginia
| Item | George Mason | 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 |
Detailed George Mason Groceries Costs Vs. Virginia
| Item | George Mason | 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 |
Detailed George Mason Health Costs Vs. Virginia
| Item | George Mason | Virginia |
|---|---|---|
| Optometrist | $109.25 | $125.68 |
| Doctor | $94.1 | $135.78 |
| Dentist | $109.57 | $113.29 |
Detailed George Mason Transportation Costs Vs. Virginia
| Item | George Mason | Virginia |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $62.25 | $59.92 |
Detailed George Mason Utilities Costs Vs. Virginia
| Item | George Mason | Virginia |
|---|---|---|
| All Electricity | $248.7 | $193.99 |
| Phone | $185.37 | $192.25 |
George Mason SnackAbility
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Cost Of Living In Cities Around George Mason
The cost of living varies in the cities and towns around George Mason. 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, 1.3x George Mason.
Oakton, VA has a cost of living index of 168, 1.1x George Mason.
Fair Oaks, VA has a cost of living index of 145, 0.9x George Mason.
| City | Population | Cost Of Living | Vs. George Mason |
|---|---|---|---|
| Bethesda, MD | 67,403 | 202 | 1.3x |
| Oakton, VA | 36,776 | 168 | 1.1x |
| Fair Oaks, VA | 35,472 | 145 | 0.9x |
| Fairfax, VA | 24,478 | 157 | 1.0x |
| North Potomac, MD | 23,994 | 172 | 1.1x |
| Franklin Farm, VA | 18,509 | 171 | 1.1x |
| Burke Centre, VA | 17,447 | 144 | 0.9x |
| Kings Park West, VA | 13,281 | 163 | 1.0x |
| Fairfax Station, VA | 12,298 | 176 | 1.1x |
| Wakefield, VA | 12,024 | 178 | 1.1x |
