Independent Hill, VA Cost Of Living
Cost Of Living In Independent Hill, VA Summary
Cost of living in Independent Hill 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 Independent Hill 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 Independent Hill is 170, with 100 being the average.
The cost of living index in Independent Hill is 1.7x higher than the national average.
Independent Hill ranks as the #171 cheapest in Virginia out of 190.
Independent Hill ranks as the #6,068 cheapest out of 6,489 in the US.
The median home value in Independent Hill is $725,272.
The median income in Independent Hill is $204,500.
Table Of Contents
Independent Hill's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Independent Hill, VA?
According to the most recent data on the cost of living, Independent Hill has an overall cost of living index of 170, which is 1.7x higher than the national index of 100.
Compared to Virginia, Independent Hill has a cost of living index that's 1.5x higher than Virginia's index of 110.
The standard of living in Independent Hill ranks as #171 most affordable out of the 190 places we measured in Virginia. By definition, that implies Independent Hill ranks as the #19 most expensive place in the Old Dominion.
For more reading on life in Independent Hill, check out:
In Virginia
In America
Independent Hill Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Independent Hill. Here is how it fairs on each of the criteria:
The Services index in Independent Hill is 111.
The Groceries index in Independent Hill is 112.
The Health index in Independent Hill is 108.
The Housing index in Independent Hill is 305.
The Transportation index in Independent Hill is 113.
The Utilities index in Independent Hill is 103.
| Living Expense | Independent Hill | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 170 | 110 | 100 | |
| Services | 111 | 101 | 100 | |
| Groceries | 112 | 99 | 100 | |
| Health | 108 | 98 | 100 | |
| Housing | 305 | 130 | 100 | |
| Transportation | 113 | 94 | 100 | |
| Utilities | 103 | 104 | 100 | |
Independent Hill, 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 Independent Hill is $725,272.
The Median Rent in Independent Hill is $2,063.
The Median Income in Independent Hill is $204,500.
The Home Value To Income in Independent Hill is 3.5x.
The Rent To Monthly Income in Independent Hill is 0.12x.
| Statistic | Independent Hill | Virginia | United States |
|---|---|---|---|
| Median Home Value | $725,272 | $404,962 | $303,400 |
| Median Rent | $2,063 | $1,514 | $1,348 |
| Median Income | $204,500 | $90,974 | $78,538 |
| Home Value To Income | 3.5x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.12x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Independent Hill, VA Costs By Category
Detailed Independent Hill Services Costs Vs. Virginia
| Item | Independent Hill | Virginia |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $13.08 | $12.13 |
| Bowling | $24.34 | $18 |
| Haircut | $25.51 | $24.26 |
| Beauty Salon | $47.63 | $45.56 |
Detailed Independent Hill Groceries Costs Vs. Virginia
| Item | Independent Hill | Virginia |
|---|---|---|
| Ground Beef | $6.08 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.68 | $4.67 |
| Potatoes | $5.3 | $4.93 |
| Pizza | $12.49 | $12.09 |
| Beer | $10.83 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Independent Hill Health Costs Vs. Virginia
| Item | Independent Hill | Virginia |
|---|---|---|
| Optometrist | $120.12 | $125.68 |
| Doctor | $135.82 | $135.78 |
| Dentist | $98.77 | $113.29 |
Detailed Independent Hill Transportation Costs Vs. Virginia
| Item | Independent Hill | Virginia |
|---|---|---|
| Gasoline | $3.34 | $3.46 |
| Tire Balancing | $64.7 | $59.92 |
Detailed Independent Hill Utilities Costs Vs. Virginia
| Item | Independent Hill | Virginia |
|---|---|---|
| All Electricity | $213.29 | $193.99 |
| Phone | $184.83 | $192.25 |
Independent Hill SnackAbility
/10
Cost Of Living In Cities Around Independent Hill
The cost of living varies in the cities and towns around Independent Hill. Here's a quick look at the cost of living in the most populous nearby places:
Lake Ridge, VA has a cost of living index of 134, 0.8x Independent Hill.
Burke, VA has a cost of living index of 160, 0.9x Independent Hill.
Manassas, VA has a cost of living index of 128, 0.8x Independent Hill.
| City | Population | Cost Of Living | Vs. Independent Hill |
|---|---|---|---|
| Lake Ridge, VA | 45,007 | 134 | 0.8x |
| Burke, VA | 43,336 | 160 | 0.9x |
| Manassas, VA | 42,674 | 128 | 0.8x |
| South Riding, VA | 34,200 | 161 | 0.9x |
| Montclair, VA | 22,295 | 145 | 0.9x |
| Buckhall, VA | 20,447 | 146 | 0.9x |
| Franklin Farm, VA | 18,509 | 171 | 1.0x |
| Manassas Park, VA | 16,923 | 125 | 0.7x |
| Kings Park West, VA | 13,281 | 163 | 1.0x |
| Newington Forest, VA | 12,434 | 149 | 0.9x |
