McNair, VA Cost Of Living
Cost Of Living In McNair, VA Summary
Cost of living in McNair 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 McNair 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 McNair is 142, with 100 being the average.
The cost of living index in McNair is 1.4x higher than the national average.
McNair ranks as the #128 cheapest in Virginia out of 186.
McNair ranks as the #5,646 cheapest out of 6,412 in the US.
The median home value in McNair is $453,800.
The median income in McNair is $110,568.
Table Of Contents
McNair's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in McNair, VA?
According to the most recent data on the cost of living, McNair has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to Virginia, McNair has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in McNair ranks as #128 most affordable out of the 186 places we measured in Virginia. By definition, that implies McNair ranks as the #58 most expensive place in the Old Dominion.
For more reading on life in McNair, check out:
- Living In McNair
- Search Homes For Sale In Mcnair, VA
In Virginia
In America
McNair Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in McNair. Here is how it fairs on each of the criteria:
The Services index in McNair is 113.
The Groceries index in McNair is 112.
The Health index in McNair is 87.
The Housing index in McNair is 212.
The Transportation index in McNair is 116.
The Utilities index in McNair is 110.
| Living Expense | McNair | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 142 | 102 | 100 | |
| Services | 113 | 102 | 100 | |
| Groceries | 112 | 98 | 100 | |
| Health | 87 | 102 | 100 | |
| Housing | 212 | 107 | 100 | |
| Transportation | 116 | 95 | 100 | |
| Utilities | 110 | 102 | 100 | |
McNair, 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 2017-2021. The key points are:
The Median Home Value in McNair is $453,800.
The Median Rent in McNair is $1,978.
The Median Income in McNair is $110,568.
The Home Value To Income in McNair is 4.1x.
The Rent To Monthly Income in McNair is 0.21x.
| Statistic | McNair | Virginia | United States |
|---|---|---|---|
| Median Home Value | $453,800 | $295,500 | $244,900 |
| Median Rent | $1,978 | $1,326 | $1,163 |
| Median Income | $110,568 | $80,615 | $69,021 |
| Home Value To Income | 4.1x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
McNair, VA Costs By Category
Detailed McNair Services Costs Vs. Virginia
Detailed McNair Groceries Costs Vs. Virginia
Detailed McNair Health Costs Vs. Virginia
Detailed McNair Transportation Costs Vs. Virginia
Detailed McNair Utilities Costs Vs. Virginia
Mcnair SnackAbility
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Cost Of Living In Cities Around McNair
The cost of living varies in the cities and towns around McNair. 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 192, 1.4x McNair.
Reston, VA has a cost of living index of 149, 1.0x McNair.
Sterling, VA has a cost of living index of 132, 0.9x McNair.
| City | Population | Cost Of Living | Vs. McNair |
|---|---|---|---|
| Bethesda, MD | 66,294 | 192 | 1.4x |
| Reston, VA | 62,453 | 149 | 1.0x |
| Sterling, VA | 31,202 | 132 | 0.9x |
| Herndon, VA | 24,574 | 140 | 1.0x |
| North Potomac, MD | 24,449 | 167 | 1.2x |
| Chantilly, VA | 23,564 | 148 | 1.0x |
| Franklin Farm, VA | 18,906 | 167 | 1.2x |
| Dranesville, VA | 11,951 | 165 | 1.2x |
| Lowes Island, VA | 11,272 | 163 | 1.1x |
| Travilah, MD | 11,052 | 227 | 1.6x |
