Bellwood, VA Cost Of Living
Cost Of Living In Bellwood, VA Summary
Cost of living in Bellwood 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 Bellwood 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 Bellwood is 94, with 100 being the average.
The cost of living index in Bellwood is 0.9x lower than the national average.
Bellwood ranks as the #30 cheapest in Virginia out of 186.
Bellwood ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Bellwood is $153,100.
The median income in Bellwood is $44,872.
Table Of Contents
Bellwood's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Bellwood, VA?
According to the most recent data on the cost of living, Bellwood has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Virginia, Bellwood has a cost of living index that's 0.9x lower than Virginia's index of 102.
The standard of living in Bellwood ranks as #30 most affordable out of the 186 places we measured in Virginia. By definition, that implies Bellwood ranks as the #156 most expensive place in the Old Dominion.
For more reading on life in Bellwood, check out:
- Living In Bellwood
- Search Homes For Sale In Bellwood, VA
In Virginia
In America
Bellwood Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Bellwood. Here is how it fairs on each of the criteria:
The Services index in Bellwood is 102.
The Groceries index in Bellwood is 93.
The Health index in Bellwood is 103.
The Housing index in Bellwood is 80.
The Transportation index in Bellwood is 93.
The Utilities index in Bellwood is 101.
| Living Expense | Bellwood | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 94 | 102 | 100 | |
| Services | 102 | 102 | 100 | |
| Groceries | 93 | 98 | 100 | |
| Health | 103 | 102 | 100 | |
| Housing | 80 | 107 | 100 | |
| Transportation | 93 | 95 | 100 | |
| Utilities | 101 | 102 | 100 | |
Bellwood, 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 Bellwood is $153,100.
The Median Rent in Bellwood is $1,273.
The Median Income in Bellwood is $44,872.
The Home Value To Income in Bellwood is 3.4x.
The Rent To Monthly Income in Bellwood is 0.34x.
| Statistic | Bellwood | Virginia | United States |
|---|---|---|---|
| Median Home Value | $153,100 | $295,500 | $244,900 |
| Median Rent | $1,273 | $1,326 | $1,163 |
| Median Income | $44,872 | $80,615 | $69,021 |
| Home Value To Income | 3.4x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.34x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Bellwood, VA Costs By Category
Detailed Bellwood Services Costs Vs. Virginia
Detailed Bellwood Groceries Costs Vs. Virginia
Detailed Bellwood Health Costs Vs. Virginia
Detailed Bellwood Transportation Costs Vs. Virginia
Detailed Bellwood Utilities Costs Vs. Virginia
Bellwood SnackAbility
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Cost Of Living In Cities Around Bellwood
The cost of living varies in the cities and towns around Bellwood. 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 99, 1.1x Bellwood.
Tuckahoe, VA has a cost of living index of 111, 1.2x Bellwood.
Mechanicsville, VA has a cost of living index of 107, 1.1x Bellwood.
| City | Population | Cost Of Living | Vs. Bellwood |
|---|---|---|---|
| Richmond, VA | 225,676 | 99 | 1.1x |
| Tuckahoe, VA | 48,187 | 111 | 1.2x |
| Mechanicsville, VA | 37,767 | 107 | 1.1x |
| Chester, VA | 22,512 | 101 | 1.1x |
| Meadowbrook, VA | 19,574 | 101 | 1.1x |
| Colonial Heights, VA | 18,127 | 97 | 1.0x |
| Laurel, VA | 17,962 | 98 | 1.0x |
| Bon Air, VA | 17,846 | 106 | 1.1x |
| Glen Allen, VA | 14,783 | 108 | 1.1x |
| Brandermill, VA | 13,745 | 108 | 1.1x |
