Merrifield, VA Cost Of Living
Cost Of Living In Merrifield, VA Summary
Cost of living in Merrifield 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 Merrifield 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 Merrifield is 150, with 100 being the average.
The cost of living index in Merrifield is 1.5x higher than the national average.
Merrifield ranks as the #150 cheapest in Virginia out of 186.
Merrifield ranks as the #5,843 cheapest out of 6,412 in the US.
The median home value in Merrifield is $519,200.
The median income in Merrifield is $128,361.
Table Of Contents
Merrifield's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Merrifield, VA?
According to the most recent data on the cost of living, Merrifield has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to Virginia, Merrifield has a cost of living index that's 1.5x higher than Virginia's index of 102.
The standard of living in Merrifield ranks as #150 most affordable out of the 186 places we measured in Virginia. By definition, that implies Merrifield ranks as the #36 most expensive place in the Old Dominion.
For more reading on life in Merrifield, check out:
- Living In Merrifield
- Search Homes For Sale In Merrifield, VA
In Virginia
In America
Merrifield Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Merrifield. Here is how it fairs on each of the criteria:
The Services index in Merrifield is 113.
The Groceries index in Merrifield is 122.
The Health index in Merrifield is 95.
The Housing index in Merrifield is 236.
The Transportation index in Merrifield is 104.
The Utilities index in Merrifield is 98.
| Living Expense | Merrifield | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 150 | 102 | 100 | |
| Services | 113 | 102 | 100 | |
| Groceries | 122 | 98 | 100 | |
| Health | 95 | 102 | 100 | |
| Housing | 236 | 107 | 100 | |
| Transportation | 104 | 95 | 100 | |
| Utilities | 98 | 102 | 100 | |
Merrifield, 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 Merrifield is $519,200.
The Median Rent in Merrifield is $2,160.
The Median Income in Merrifield is $128,361.
The Home Value To Income in Merrifield is 4.0x.
The Rent To Monthly Income in Merrifield is 0.2x.
| Statistic | Merrifield | Virginia | United States |
|---|---|---|---|
| Median Home Value | $519,200 | $295,500 | $244,900 |
| Median Rent | $2,160 | $1,326 | $1,163 |
| Median Income | $128,361 | $80,615 | $69,021 |
| Home Value To Income | 4.0x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Merrifield, VA Costs By Category
Detailed Merrifield Services Costs Vs. Virginia
| Item | Merrifield | Virginia |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $13.15 | $10.68 |
| Bowling | $22.0 | $14.67 |
| Haircut | $26.08 | $18.62 |
| Beauty Salon | $63.44 | $39.05 |
Detailed Merrifield Groceries Costs Vs. Virginia
| Item | Merrifield | Virginia |
|---|---|---|
| Ground Beef | $4.79 | $4.22 |
| Fried Chicken | $1.59 | $1.39 |
| Milk | $2.61 | $2.05 |
| Potatoes | $4.46 | $3.29 |
| Pizza | $11.99 | $10.62 |
| Beer | $11.41 | $9.38 |
| Toothpaste | $3.19 | $2.34 |
Detailed Merrifield Health Costs Vs. Virginia
| Item | Merrifield | Virginia |
|---|---|---|
| Optometrist | $90.67 | $108.57 |
| Doctor | $103.89 | $116.17 |
| Dentist | $99.0 | $99.13 |
Detailed Merrifield Transportation Costs Vs. Virginia
| Item | Merrifield | Virginia |
|---|---|---|
| Gasoline | $2.3 | $2.22 |
| Tire Balancing | $52.0 | $50.07 |
Detailed Merrifield Utilities Costs Vs. Virginia
| Item | Merrifield | Virginia |
|---|---|---|
| All Electricity | $160.85 | $167.67 |
| Phone | $177.97 | $175.64 |
Merrifield SnackAbility
/10
Cost Of Living In Cities Around Merrifield
The cost of living varies in the cities and towns around Merrifield. Here's a quick look at the cost of living in the most populous nearby places:
West Falls Church, VA has a cost of living index of 146, 1.0x Merrifield.
North Potomac, MD has a cost of living index of 167, 1.1x Merrifield.
Fairfax, VA has a cost of living index of 147, 1.0x Merrifield.
| City | Population | Cost Of Living | Vs. Merrifield |
|---|---|---|---|
| West Falls Church, VA | 31,023 | 146 | 1.0x |
| North Potomac, MD | 24,449 | 167 | 1.1x |
| Fairfax, VA | 23,980 | 147 | 1.0x |
| Idylwood, VA | 17,687 | 150 | 1.0x |
| Vienna, VA | 16,465 | 170 | 1.1x |
| Kemp Mill, MD | 14,509 | 141 | 0.9x |
| Colesville, MD | 14,468 | 140 | 0.9x |
| Wakefield, VA | 11,534 | 172 | 1.1x |
| Travilah, MD | 11,052 | 227 | 1.5x |
| Woodburn, VA | 10,168 | 159 | 1.1x |
