Cost of living in Glen Allen 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 Glen Allen 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 Glen Allen is 108, with 100 being the average.
The cost of living index in Glen Allen is 1.1x higher than the national average.
Glen Allen ranks as the #60 cheapest in Virginia out of 190.
Glen Allen ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Glen Allen is $510,045.
The median income in Glen Allen is $96,085.
According to the most recent data on the cost of living, Glen Allen has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Virginia, Glen Allen has a cost of living index that's 1.0x lower than Virginia's index of 110.
The standard of living in Glen Allen ranks as #60 most affordable out of the 190 places we measured in Virginia. By definition, that implies Glen Allen ranks as the #130 most expensive place in the Old Dominion.
For more reading on life in Glen Allen, check out:
Six factors go into calculating the cost of living index in Glen Allen. Here is how it fairs on each of the criteria:
The Services index in Glen Allen is 99.
The Groceries index in Glen Allen is 102.
The Health index in Glen Allen is 97.
The Housing index in Glen Allen is 131.
The Transportation index in Glen Allen is 99.
The Utilities index in Glen Allen is 107.
| Living Expense | Glen Allen | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 108 | 110 | 100 | |
| Services | 99 | 101 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 131 | 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 Glen Allen is $510,045.
The Median Rent in Glen Allen is $1,719.
The Median Income in Glen Allen is $96,085.
The Home Value To Income in Glen Allen is 5.3x.
The Rent To Monthly Income in Glen Allen is 0.21x.
| Statistic | Glen Allen | Virginia | United States |
|---|---|---|---|
| Median Home Value | $510,045 | $404,962 | $303,400 |
| Median Rent | $1,719 | $1,514 | $1,348 |
| Median Income | $96,085 | $90,974 | $78,538 |
| Home Value To Income | 5.3x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
| Item | Glen Allen | 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 | Glen Allen | 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 | Glen Allen | Virginia |
|---|---|---|
| Optometrist | $95.44 | $125.68 |
| Doctor | $122.83 | $135.78 |
| Dentist | $109.67 | $113.29 |
| Item | Glen Allen | Virginia |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $60.0 | $59.92 |
| Item | Glen Allen | Virginia |
|---|---|---|
| All Electricity | $227.22 | $193.99 |
| Phone | $185.33 | $192.25 |
The cost of living varies in the cities and towns around Glen Allen. Here's a quick look at the cost of living in the most populous nearby places:
Tuckahoe, VA has a cost of living index of 118, 1.1x Glen Allen.
Mechanicsville, VA has a cost of living index of 112, 1.0x Glen Allen.
Short Pump, VA has a cost of living index of 131, 1.2x Glen Allen.
| City | Population | Cost Of Living | Vs. Glen Allen |
|---|---|---|---|
| Tuckahoe, VA | 48,610 | 118 | 1.1x |
| Mechanicsville, VA | 38,437 | 112 | 1.0x |
| Short Pump, VA | 28,177 | 131 | 1.2x |
| Laurel, VA | 18,180 | 107 | 1.0x |
| Bon Air, VA | 17,302 | 114 | 1.1x |
| Brandermill, VA | 13,938 | 112 | 1.0x |
| Lakeside, VA | 12,845 | 104 | 1.0x |
| Wyndham, VA | 12,084 | 150 | 1.4x |
| Rockwood, VA | 8,834 | 113 | 1.0x |
| Innsbrook, VA | 8,559 | 123 | 1.1x |