Cost of living in Lincolnia 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 Lincolnia 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 Lincolnia is 148, with 100 being the average.
The cost of living index in Lincolnia is 1.5x higher than the national average.
Lincolnia ranks as the #131 cheapest in Virginia out of 190.
Lincolnia ranks as the #5,642 cheapest out of 6,489 in the US.
The median home value in Lincolnia is $694,338.
The median income in Lincolnia is $123,835.
According to the most recent data on the cost of living, Lincolnia has an overall cost of living index of 148, which is 1.5x higher than the national index of 100.
Compared to Virginia, Lincolnia has a cost of living index that's 1.3x higher than Virginia's index of 110.
The standard of living in Lincolnia ranks as #131 most affordable out of the 190 places we measured in Virginia. By definition, that implies Lincolnia ranks as the #59 most expensive place in the Old Dominion.
For more reading on life in Lincolnia, check out:
Six factors go into calculating the cost of living index in Lincolnia. Here is how it fairs on each of the criteria:
The Services index in Lincolnia is 109.
The Groceries index in Lincolnia is 116.
The Health index in Lincolnia is 113.
The Housing index in Lincolnia is 243.
The Transportation index in Lincolnia is 100.
The Utilities index in Lincolnia is 101.
| Living Expense | Lincolnia | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 148 | 110 | 100 | |
| Services | 109 | 101 | 100 | |
| Groceries | 116 | 99 | 100 | |
| Health | 113 | 98 | 100 | |
| Housing | 243 | 130 | 100 | |
| Transportation | 100 | 94 | 100 | |
| Utilities | 101 | 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 Lincolnia is $694,338.
The Median Rent in Lincolnia is $2,087.
The Median Income in Lincolnia is $123,835.
The Home Value To Income in Lincolnia is 5.6x.
The Rent To Monthly Income in Lincolnia is 0.2x.
The cost of living varies in the cities and towns around Lincolnia. Here's a quick look at the cost of living in the most populous nearby places:
Annandale, VA has a cost of living index of 147, 1.0x Lincolnia.
Springfield, VA has a cost of living index of 151, 1.0x Lincolnia.
North Potomac, MD has a cost of living index of 172, 1.2x Lincolnia.
| City | Population | Cost Of Living | Vs. Lincolnia |
|---|---|---|---|
| Annandale, VA | 41,982 | 147 | 1.0x |
| Springfield, VA | 30,894 | 151 | 1.0x |
| North Potomac, MD | 23,994 | 172 | 1.2x |
| Franconia, VA | 18,141 | 143 | 1.0x |
| Kingstowne, VA | 17,436 | 151 | 1.0x |
| Kemp Mill, MD | 14,437 | 145 | 1.0x |
| Colesville, MD | 14,075 | 140 | 0.9x |
| Travilah, MD | 11,128 | 224 | 1.5x |
| Lake Barcroft, VA | 10,678 | 171 | 1.2x |
| Chevy Chase, MD | 9,484 | 257 | 1.7x |