Short Pump, VA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Short Pump, VA Summary

Cost of living in Short Pump 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 Short Pump 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 Short Pump is 125, with 100 being the average.

  • The cost of living index in Short Pump is 1.2x higher than the national average.

  • Short Pump ranks as the #101 cheapest in Virginia out of 186.

  • Short Pump ranks as the #5,043 cheapest out of 6,412 in the US.

  • The median home value in Short Pump is $439,200.

  • The median income in Short Pump is $116,955.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
125
Short Pump's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Short Pump, VA?

According to the most recent data on the cost of living, Short Pump has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.

Compared to Virginia, Short Pump has a cost of living index that's 1.2x higher than Virginia's index of 102.

The standard of living in Short Pump ranks as #101 most affordable out of the 186 places we measured in Virginia. By definition, that implies Short Pump ranks as the #85 most expensive place in the Old Dominion.

For more reading on life in Short Pump, check out:

101 out of 186
In Virginia
5,043 out of 6,412
In America

Short Pump Cost Of Living Vs. Virginia

Six factors go into calculating the cost of living index in Short Pump. Here is how it fairs on each of the criteria:

  • The Services index in Short Pump is 104.

  • The Groceries index in Short Pump is 95.

  • The Health index in Short Pump is 103.

  • The Housing index in Short Pump is 186.

  • The Transportation index in Short Pump is 93.

  • The Utilities index in Short Pump is 101.

Living Expense Short Pump Virginia National Average
Overall 125 102 100
Services 104 102 100
Groceries 95 98 100
Health 103 102 100
Housing 186 107 100
Transportation 93 95 100
Utilities 101 102 100
For more reading on cost of living around Virginia, check out:
Short Pump Cost of Living Vs. VA

Short Pump, 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 Short Pump is $439,200.

  • The Median Rent in Short Pump is $1,553.

  • The Median Income in Short Pump is $116,955.

  • The Home Value To Income in Short Pump is 3.8x.

  • The Rent To Monthly Income in Short Pump is 0.16x.

Statistic Short Pump Virginia United States
Median Home Value $439,200 $295,500 $244,900
Median Rent $1,553 $1,326 $1,163
Median Income $116,955 $80,615 $69,021
Home Value To Income 3.8x 3.7x 3.5x
Rent To Monthly Income 0.16x 0.2x 0.2x
Search Homes For Sale In Short Pump, VA
$439,200
Median Home Value
$1,553
Median Rent
$116,955
Median Income

Short Pump, VA Costs By Category

Detailed Short Pump Services Costs Vs. Virginia

Item Short Pump Virginia
Shampoo $0.97 $1.06
Movie $11.73 $10.68
Bowling $18.0 $14.67
Haircut $21.36 $18.62
Beauty Salon $44.43 $39.05

Detailed Short Pump Groceries Costs Vs. Virginia

Item Short Pump Virginia
Ground Beef $3.61 $4.22
Fried Chicken $1.05 $1.39
Milk $1.58 $2.05
Potatoes $3.16 $3.29
Pizza $10.13 $10.62
Beer $9.82 $9.38
Toothpaste $1.85 $2.34

Detailed Short Pump Health Costs Vs. Virginia

Item Short Pump Virginia
Optometrist $116.2 $108.57
Doctor $139.74 $116.17
Dentist $99.4 $99.13

Detailed Short Pump Transportation Costs Vs. Virginia

Item Short Pump Virginia
Gasoline $2.01 $2.22
Tire Balancing $46.7 $50.07

Detailed Short Pump Utilities Costs Vs. Virginia

Item Short Pump Virginia
All Electricity $176.41 $167.67
Phone $177.97 $175.64

Short Pump SnackAbility

8
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
7
Diversity
9
Safety
N/A
Amenities
9
Education
9.5
Commute
8

Cost Of Living In Cities Around Short Pump

The cost of living varies in the cities and towns around Short Pump. Here's a quick look at the cost of living in the most populous nearby places:

  • Tuckahoe, VA has a cost of living index of 111, 0.9x Short Pump.

  • Mechanicsville, VA has a cost of living index of 107, 0.9x Short Pump.

  • Laurel, VA has a cost of living index of 98, 0.8x Short Pump.

City Population Cost Of Living Vs. Short Pump
Tuckahoe, VA 48,187 111 0.9x
Mechanicsville, VA 37,767 107 0.9x
Laurel, VA 17,962 98 0.8x
Bon Air, VA 17,846 106 0.8x
Glen Allen, VA 14,783 108 0.9x
Brandermill, VA 13,745 108 0.9x
Lakeside, VA 12,690 99 0.8x
Wyndham, VA 12,143 139 1.1x
Innsbrook, VA 8,966 116 0.9x
Dumbarton, VA 8,443 97 0.8x

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