New Baltimore, VA Cost Of Living
Cost Of Living In New Baltimore, VA Summary
Cost of living in New Baltimore 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 New Baltimore 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 New Baltimore is 141, with 100 being the average.
The cost of living index in New Baltimore is 1.4x higher than the national average.
New Baltimore ranks as the #125 cheapest in Virginia out of 186.
New Baltimore ranks as the #5,616 cheapest out of 6,412 in the US.
The median home value in New Baltimore is $522,100.
The median income in New Baltimore is $160,228.
Table Of Contents
New Baltimore's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in New Baltimore, VA?
According to the most recent data on the cost of living, New Baltimore has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to Virginia, New Baltimore has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in New Baltimore ranks as #125 most affordable out of the 186 places we measured in Virginia. By definition, that implies New Baltimore ranks as the #61 most expensive place in the Old Dominion.
For more reading on life in New Baltimore, check out:
- Living In New Baltimore
- Search Homes For Sale In New Baltimore, VA
In Virginia
In America
New Baltimore Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in New Baltimore. Here is how it fairs on each of the criteria:
The Services index in New Baltimore is 115.
The Groceries index in New Baltimore is 120.
The Health index in New Baltimore is 94.
The Housing index in New Baltimore is 222.
The Transportation index in New Baltimore is 105.
The Utilities index in New Baltimore is 97.
| Living Expense | New Baltimore | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 141 | 102 | 100 | |
| Services | 115 | 102 | 100 | |
| Groceries | 120 | 98 | 100 | |
| Health | 94 | 102 | 100 | |
| Housing | 222 | 107 | 100 | |
| Transportation | 105 | 95 | 100 | |
| Utilities | 97 | 102 | 100 | |
New Baltimore, 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 New Baltimore is $522,100.
The Median Rent in New Baltimore is $2,256.
The Median Income in New Baltimore is $160,228.
The Home Value To Income in New Baltimore is 3.3x.
The Rent To Monthly Income in New Baltimore is 0.17x.
| Statistic | New Baltimore | Virginia | United States |
|---|---|---|---|
| Median Home Value | $522,100 | $295,500 | $244,900 |
| Median Rent | $2,256 | $1,326 | $1,163 |
| Median Income | $160,228 | $80,615 | $69,021 |
| Home Value To Income | 3.3x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
New Baltimore, VA Costs By Category
Detailed New Baltimore Services Costs Vs. Virginia
| Item | New Baltimore | 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 New Baltimore Groceries Costs Vs. Virginia
| Item | New Baltimore | 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 New Baltimore Health Costs Vs. Virginia
| Item | New Baltimore | Virginia |
|---|---|---|
| Optometrist | $90.67 | $108.57 |
| Doctor | $103.89 | $116.17 |
| Dentist | $99.0 | $99.13 |
Detailed New Baltimore Transportation Costs Vs. Virginia
| Item | New Baltimore | Virginia |
|---|---|---|
| Gasoline | $2.3 | $2.22 |
| Tire Balancing | $52.0 | $50.07 |
Detailed New Baltimore Utilities Costs Vs. Virginia
| Item | New Baltimore | Virginia |
|---|---|---|
| All Electricity | $160.85 | $167.67 |
| Phone | $177.97 | $175.64 |
New Baltimore SnackAbility
/10
Cost Of Living In Cities Around New Baltimore
The cost of living varies in the cities and towns around New Baltimore. Here's a quick look at the cost of living in the most populous nearby places:
Centreville, VA has a cost of living index of 137, 1.0x New Baltimore.
Linton Hall, VA has a cost of living index of 146, 1.0x New Baltimore.
South Riding, VA has a cost of living index of 156, 1.1x New Baltimore.
| City | Population | Cost Of Living | Vs. New Baltimore |
|---|---|---|---|
| Centreville, VA | 73,064 | 137 | 1.0x |
| Linton Hall, VA | 42,089 | 146 | 1.0x |
| South Riding, VA | 33,828 | 156 | 1.1x |
| Chantilly, VA | 23,564 | 148 | 1.0x |
| Brambleton, VA | 21,986 | 163 | 1.2x |
| Gainesville, VA | 17,081 | 145 | 1.0x |
| Manassas Park, VA | 17,081 | 122 | 0.9x |
| Stone Ridge, VA | 15,776 | 154 | 1.1x |
| Warrenton, VA | 10,002 | 115 | 0.8x |
| Independent Hill, VA | 9,855 | 150 | 1.1x |
