Wakefield, VA Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
172
Wakefield's Overall Cost Of Living
1.7x
Higher Than The National Average
173 out of 186
In Virginia
6,149 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Wakefield is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Wakefield, VA?

According to the most recent data on the cost of living, Wakefield has an overall cost of living index of 172 which is 1.7x higher than the national index of 100.

Compared to only Virginia, Wakefield has a cost of living index that's 1.6x higher than Virginia's index of 106.

The standard of living in Wakefield ranks as #6,154 most affordable out of the 6,418 places we measured in Virginia. By definition, that implies Wakefield ranks as the #264 most expensive place in the Old Dominion.

For more reading on life in Wakefield, check out:

Wakefield Cost Of Living Vs. Virginia

Living Expense Wakefield Virginia National Average
Overall 172 106 100
Services 115 99 100
Groceries 123 98 100
Health 93 98 100
Housing 315 131 100
Transportation 104 93 100
Utilities 95 96 100
For more reading on cost of living around Virginia, check out:
Wakefield Cost of Living Vs. VA

Wakefield, VA Housing Cost Breakdown

Housing swings affordability the most between places in Virginia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$644,900
Median Home Value
$3,063
Median Rent
$163,106
Median Income
Statistic Wakefield Virginia United States
Median Home Value $644,900 $282,800 $229,800
Median Rent $3,063 $1,257 $1,096
Median Income $163,106 $76,398 $64,994
Home Value To Income 4.0x 3.7x 3.5x
Rent To Monthly Income 0.23x 0.2x 0.2x

Detailed Wakefield Services Costs Vs. Virginia

Item Wakefield Virginia
Shampoo $1.0 $1.06
Movie $13.15 $10.68
Bowling $22.0 $14.67

Detailed Wakefield Groceries Costs Vs. Virginia

Item Wakefield Virginia
Ground Beef $4.79 $4.22
Fried Chicken $1.59 $1.39
Milk $2.61 $2.05

Detailed Wakefield Health Costs Vs. Virginia

Item Wakefield Virginia
Haircut $26.08 $18.62
Beauty Salon $63.44 $39.05
Toothpaste $3.19 $2.34

Detailed Wakefield Transportation Costs Vs. Virginia

Item Wakefield Virginia
Potatoes $4.46 $3.29
Pizza $11.99 $10.62
Beer $11.41 $9.38
Optometrist $90.67 $108.57
Doctor $103.89 $116.17
Dentist $99.0 $99.13

Detailed Wakefield Utilities Costs Vs. Virginia

Item Wakefield Virginia
Gasoline $2.3 $2.22
Tire Balancing $52.0 $50.07
All Electricity $160.85 $167.67
Phone $177.97 $175.64

Wakefield SnackAbility

7.5
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
5
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
10
Commute
4

Cost Of Living In Cities Around Wakefield

City Population Cost Of Living Vs. Wakefield
Annandale, VA 42,240 143 0.8x
North Potomac, MD 24,146 167 1.0x
Merrifield, VA 18,523 150 0.9x
Kemp Mill, MD 14,812 141 0.8x
Kings Park West, VA 14,090 158 0.9x
Travilah, MD 11,239 227 1.3x
Woodburn, VA 10,081 159 0.9x
George Mason, VA 9,948 156 0.9x
Chevy Chase, MD 9,801 204 1.2x
South Kensington, MD 8,494 181 1.1x

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