Cost of living in Sandston 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 Sandston 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 Sandston is 95, with 100 being the average.
The cost of living index in Sandston is 0.9x lower than the national average.
Sandston ranks as the #24 cheapest in Virginia out of 190.
Sandston ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Sandston is $309,435.
The median income in Sandston is $57,708.
According to the most recent data on the cost of living, Sandston has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Virginia, Sandston has a cost of living index that's 0.9x lower than Virginia's index of 110.
The standard of living in Sandston ranks as #24 most affordable out of the 190 places we measured in Virginia. By definition, that implies Sandston ranks as the #166 most expensive place in the Old Dominion.
For more reading on life in Sandston, check out:
Six factors go into calculating the cost of living index in Sandston. Here is how it fairs on each of the criteria:
The Services index in Sandston is 99.
The Groceries index in Sandston is 103.
The Health index in Sandston is 97.
The Housing index in Sandston is 90.
The Transportation index in Sandston is 98.
The Utilities index in Sandston is 106.
| Living Expense | Sandston | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 95 | 110 | 100 | |
| Services | 99 | 101 | 100 | |
| Groceries | 103 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 90 | 130 | 100 | |
| Transportation | 98 | 94 | 100 | |
| Utilities | 106 | 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 Sandston is $309,435.
The Median Rent in Sandston is $1,199.
The Median Income in Sandston is $57,708.
The Home Value To Income in Sandston is 5.4x.
The Rent To Monthly Income in Sandston is 0.25x.
The cost of living varies in the cities and towns around Sandston. Here's a quick look at the cost of living in the most populous nearby places:
Richmond, VA has a cost of living index of 106, 1.1x Sandston.
Tuckahoe, VA has a cost of living index of 118, 1.2x Sandston.
Mechanicsville, VA has a cost of living index of 112, 1.2x Sandston.
| City | Population | Cost Of Living | Vs. Sandston |
|---|---|---|---|
| Richmond, VA | 227,595 | 106 | 1.1x |
| Tuckahoe, VA | 48,610 | 118 | 1.2x |
| Mechanicsville, VA | 38,437 | 112 | 1.2x |
| Short Pump, VA | 28,177 | 131 | 1.4x |
| Meadowbrook, VA | 20,383 | 102 | 1.1x |
| Laurel, VA | 18,180 | 107 | 1.1x |
| Bon Air, VA | 17,302 | 114 | 1.2x |
| Glen Allen, VA | 16,630 | 108 | 1.1x |
| East Highland Park, VA | 16,071 | 96 | 1.0x |
| Highland Springs, VA | 15,091 | 97 | 1.0x |