Cost of living in Burke Centre 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 Burke Centre 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 Burke Centre is 143, with 100 being the average.
The cost of living index in Burke Centre is 1.4x higher than the national average.
Burke Centre ranks as the #131 cheapest in Virginia out of 186.
Burke Centre ranks as the #5,677 cheapest out of 6,412 in the US.
The median home value in Burke Centre is $483,700.
The median income in Burke Centre is $140,872.
According to the most recent data on the cost of living, Burke Centre has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Virginia, Burke Centre has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in Burke Centre ranks as #131 most affordable out of the 186 places we measured in Virginia. By definition, that implies Burke Centre ranks as the #55 most expensive place in the Old Dominion.
For more reading on life in Burke Centre, check out:
Six factors go into calculating the cost of living index in Burke Centre. Here is how it fairs on each of the criteria:
The Services index in Burke Centre is 113.
The Groceries index in Burke Centre is 123.
The Health index in Burke Centre is 96.
The Housing index in Burke Centre is 222.
The Transportation index in Burke Centre is 105.
The Utilities index in Burke Centre is 97.
Living Expense | Burke Centre | Virginia | National Average | |
---|---|---|---|---|
Overall | 143 | 102 | 100 | |
Services | 113 | 102 | 100 | |
Groceries | 123 | 98 | 100 | |
Health | 96 | 102 | 100 | |
Housing | 222 | 107 | 100 | |
Transportation | 105 | 95 | 100 | |
Utilities | 97 | 102 | 100 |
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 Burke Centre is $483,700.
The Median Rent in Burke Centre is $2,058.
The Median Income in Burke Centre is $140,872.
The Home Value To Income in Burke Centre is 3.4x.
The Rent To Monthly Income in Burke Centre is 0.18x.
Statistic | Burke Centre | Virginia | United States |
---|---|---|---|
Median Home Value | $483,700 | $295,500 | $244,900 |
Median Rent | $2,058 | $1,326 | $1,163 |
Median Income | $140,872 | $80,615 | $69,021 |
Home Value To Income | 3.4x | 3.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Item | Burke Centre | Virginia |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $13.15 | $10.68 |
Bowling | $22.0 | $14.67 |
Haircut | $26.08 | $18.62 |
Beauty Salon | $63.44 | $39.05 |
Item | Burke Centre | Virginia |
---|---|---|
Ground Beef | $4.79 | $4.22 |
Fried Chicken | $1.59 | $1.39 |
Milk | $2.61 | $2.05 |
Potatoes | $4.46 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $11.41 | $9.38 |
Toothpaste | $3.19 | $2.34 |
Item | Burke Centre | Virginia |
---|---|---|
Optometrist | $90.67 | $108.57 |
Doctor | $103.89 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Burke Centre | Virginia |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $52.0 | $50.07 |
Item | Burke Centre | Virginia |
---|---|---|
All Electricity | $160.85 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Burke Centre. Here's a quick look at the cost of living in the most populous nearby places:
Bethesda, MD has a cost of living index of 192, 1.3x Burke Centre.
Potomac, MD has a cost of living index of 198, 1.4x Burke Centre.
Burke, VA has a cost of living index of 154, 1.1x Burke Centre.
City | Population | Cost Of Living | Vs. Burke Centre |
---|---|---|---|
Bethesda, MD | 66,294 | 192 | 1.3x |
Potomac, MD | 46,891 | 198 | 1.4x |
Burke, VA | 44,191 | 154 | 1.1x |
West Springfield, VA | 23,562 | 147 | 1.0x |
Franklin Farm, VA | 18,906 | 167 | 1.2x |
Kings Park West, VA | 13,812 | 158 | 1.1x |
Fairfax Station, VA | 12,322 | 174 | 1.2x |
Wakefield, VA | 11,534 | 172 | 1.2x |
Lowes Island, VA | 11,272 | 163 | 1.1x |
Travilah, MD | 11,052 | 227 | 1.6x |