Arlington, Virginia’s cost of living is 46% higher than the national average.
Is Arlington Virginia expensive to live?
The cost of living in Arlington, VA is 45% higher than the state average and 47% higher than the national average. Arlington, VA housing is 143% more expensive than the U.S average, while utilities are about 6% less pricey.
What salary do I need to live in Arlington VA?
Annual pay of $67,840 is what it takes for two people to live here comfortably, without kids, childcare costs and the requisite additional bedrooms. Single Arlingtonians, though, have to make $56,221 annually to live comfortably — only $11,619 less than a couple does.
Why is it so expensive to live in Arlington VA?
Is it Expensive to Live in Arlington VA? This is one of the most expensive places to live in the country due to the thriving local economy. The Federal Government and associated industries of lobbyists and government contractors comprise a huge portion of the employers in the DC Area.
How expensive is it to live in Arlington?
Arlington cost of living is 168.7
COST OF LIVING | Arlington | Virginia |
---|---|---|
Overall | 168.7 | 103.7 |
Grocery | 115.2 | 99.6 |
Health | 97.1 | 102.4 |
Housing | 294.8 | 111.8 |
How much do you have to make to live comfortably in Virginia?
How much money do you need to live comfortably in Virginia? According to livingwage.mit.edu, a living wage calculator based at MIT, you’ll need a salary of at least $26,631 if you have no children. If you are one adult with two children, you’ll need $61,780 after taxes.
Why is Northern Virginia so expensive?
Between proximity to the nation’s capital, historical sites, good schools, and job opportunities, Northern Virginia and the counties within it have become a destination for families and professionals. The high demand and proximity to large cities make it an expensive and competitive housing market.
Is Arlington or Alexandria cheaper?
According to BestPlaces, Alexandria is 11.1% less expensive than Arlington. This means that if you have, for example, a set $100,000 salary and you can live in either place, your money will go much further in Alexandria. Food and groceries, utilities, and housing are all more affordable there.
What are winters like in Arlington Virginia?
The cold season lasts for 3.1 months, from December 1 to March 4, with an average daily high temperature below 51°F. The coldest month of the year in Arlington is January, with an average low of 29°F and high of 43°F.
What is Arlington Virginia known for?
Arlington was recognized recently by Niche.Com as the “Best City to Live in America“. Along with being the home of the Pentagon, the Marine Corps War Memorial (Iwo Jima), Arlington National Cemetery, and the United States Air Force Memorial, Arlington County is home to approximately 216,700 people.
Is DC more expensive than Arlington?
Both D.C. and Arlington’s cost of living are higher than the national average, but Arlington is 10.9% higher than D.C. and 55% higher than the national average. Real estate prices are attributed to be the largest cost-related difference between the two cities.
Is Arlington cheap to live?
Arlington is sixth on SmartAsset’s 2020 list of Best Cities to Buy an Affordable Family Home and ranked 42nd on Niche’s list of cities with the lowest cost of living in America.
Can you live in Arlington VA without a car?
Fortunately, in Arlington County, there are plenty of ways of getting around that don’t require owning a vehicle and make it possible to live an active lifestyle. In fact, more and more Arlingtonians are moving in and most of them don’t own a car.
Is it cheaper to live in VA or NC?
North Carolina is 11.0% cheaper than Virginia.
Is it cheaper to live in Maryland or Virginia?
Maryland is 3.7% more expensive than Virginia.
What is the best area to live in Virginia?
Here are the best places to live in Virginia
- #8. Franklin Farm.
- #7. South Riding. – Population: 31,515.
- #6. Broadlands. – Population: 13,576.
- #5. Short Pump. – Population: 28,328.
- #4. Arlington. – Population: 233,464.
- #3. Innsbrook. – Population: 8,888.
- #2. Cascades. – Population: 11,389.
- #1. Stone Ridge. – Population: 14,220.
Is Virginia a good retirement state?
Virginia’s retirement system is among the top 50 largest public or private pension funds in the world. And because Virginia is a tax-friendly state for retirees, it would behoove you to invest in tax-advantaged savings vehicles like a 401(k) or individual retirement account (IRA).
Where is the most affordable place to live in Northern Virginia?
What is the cheapest city to live in Northern Virginia? Dale City has a median real estate cost of $298,430, which is much lower than the state average of $329,517.
Why are homes in VA so expensive?
Because wealthier people are living in the area, the area as a whole is going to be more expensive. Wealthy households are able to invest in their homes and the area. This ends up increasing the prices around the area as others are also pushed to start investing in their homes.
Where do you live if you work in Arlington VA?
Arlington neighborhoods rank among Virginia’s best places to live…
- Bluemont, Arlington.
- Radnor/Fort Myer Heights, Arlington.
- Ballston/Virginia Square, Arlington.
- Clarendon/Courthouse, Arlington.
- North Highland, Arlington.
- Stone Ridge, Loudoun County.
- Waycroft/Woodlawn, Arlington.
- City of Arlington.
Is it cheaper to live in Alexandria or DC?
Average Home Prices in Alexandria VA
To say that prices are 16% higher in DC across the board when compared to Alexandria would only tell part of the story. The median home price in Alexandria is $848,500.