Wolf Trap, VA Cost Of Living
Cost Of Living In Wolf Trap, VA Summary
Cost of living in Wolf Trap 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 Wolf Trap 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 Wolf Trap is 210, with 100 being the average.
The cost of living index in Wolf Trap is 2.1x higher than the national average.
Wolf Trap ranks as the #184 cheapest in Virginia out of 186.
Wolf Trap ranks as the #6,334 cheapest out of 6,412 in the US.
The median home value in Wolf Trap is $956,900.
The median income in Wolf Trap is $225,962.
Table Of Contents
Wolf Trap's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wolf Trap, VA?
According to the most recent data on the cost of living, Wolf Trap has an overall cost of living index of 210, which is 2.1x higher than the national index of 100.
Compared to Virginia, Wolf Trap has a cost of living index that's 2.1x higher than Virginia's index of 102.
The standard of living in Wolf Trap ranks as #184 most affordable out of the 186 places we measured in Virginia. By definition, that implies Wolf Trap ranks as the #2 most expensive place in the Old Dominion.
For more reading on life in Wolf Trap, check out:
- Living In Wolf Trap
- Search Homes For Sale In Wolf Trap, VA
In Virginia
In America
Wolf Trap Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Wolf Trap. Here is how it fairs on each of the criteria:
The Services index in Wolf Trap is 114.
The Groceries index in Wolf Trap is 113.
The Health index in Wolf Trap is 86.
The Housing index in Wolf Trap is 442.
The Transportation index in Wolf Trap is 116.
The Utilities index in Wolf Trap is 110.
| Living Expense | Wolf Trap | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 210 | 102 | 100 | |
| Services | 114 | 102 | 100 | |
| Groceries | 113 | 98 | 100 | |
| Health | 86 | 102 | 100 | |
| Housing | 442 | 107 | 100 | |
| Transportation | 116 | 95 | 100 | |
| Utilities | 110 | 102 | 100 | |
Wolf Trap, 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 Wolf Trap is $956,900.
The Median Rent in Wolf Trap is $3,501.
The Median Income in Wolf Trap is $225,962.
The Home Value To Income in Wolf Trap is 4.2x.
The Rent To Monthly Income in Wolf Trap is 0.19x.
| Statistic | Wolf Trap | Virginia | United States |
|---|---|---|---|
| Median Home Value | $956,900 | $295,500 | $244,900 |
| Median Rent | $3,501 | $1,326 | $1,163 |
| Median Income | $225,962 | $80,615 | $69,021 |
| Home Value To Income | 4.2x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Wolf Trap, VA Costs By Category
Detailed Wolf Trap Services Costs Vs. Virginia
Detailed Wolf Trap Groceries Costs Vs. Virginia
Detailed Wolf Trap Health Costs Vs. Virginia
Detailed Wolf Trap Transportation Costs Vs. Virginia
Detailed Wolf Trap Utilities Costs Vs. Virginia
Wolf Trap SnackAbility
/10
Cost Of Living In Cities Around Wolf Trap
The cost of living varies in the cities and towns around Wolf Trap. Here's a quick look at the cost of living in the most populous nearby places:
Reston, VA has a cost of living index of 149, 0.7x Wolf Trap.
McLean, VA has a cost of living index of 220, 1.0x Wolf Trap.
Oakton, VA has a cost of living index of 163, 0.8x Wolf Trap.
| City | Population | Cost Of Living | Vs. Wolf Trap |
|---|---|---|---|
| Reston, VA | 62,453 | 149 | 0.7x |
| McLean, VA | 49,310 | 220 | 1.0x |
| Oakton, VA | 36,675 | 163 | 0.8x |
| Olney, MD | 35,815 | 150 | 0.7x |
| North Potomac, MD | 24,449 | 167 | 0.8x |
| Merrifield, VA | 19,075 | 150 | 0.7x |
| Idylwood, VA | 17,687 | 150 | 0.7x |
| Vienna, VA | 16,465 | 170 | 0.8x |
| Great Falls, VA | 14,690 | 238 | 1.1x |
| Kemp Mill, MD | 14,509 | 141 | 0.7x |
