Cost of living in Dumbarton 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 Dumbarton 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 Dumbarton is 97, with 100 being the average.
The cost of living index in Dumbarton is 1.0x lower than the national average.
Dumbarton ranks as the #38 cheapest in Virginia out of 186.
Dumbarton ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Dumbarton is $219,800.
The median income in Dumbarton is $54,925.
According to the most recent data on the cost of living, Dumbarton has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Virginia, Dumbarton has a cost of living index that's 1.0x lower than Virginia's index of 102.
The standard of living in Dumbarton ranks as #38 most affordable out of the 186 places we measured in Virginia. By definition, that implies Dumbarton ranks as the #148 most expensive place in the Old Dominion.
For more reading on life in Dumbarton, check out:
Six factors go into calculating the cost of living index in Dumbarton. Here is how it fairs on each of the criteria:
The Services index in Dumbarton is 104.
The Groceries index in Dumbarton is 91.
The Health index in Dumbarton is 104.
The Housing index in Dumbarton is 87.
The Transportation index in Dumbarton is 93.
The Utilities index in Dumbarton is 100.
Living Expense | Dumbarton | Virginia | National Average | |
---|---|---|---|---|
Overall | 97 | 102 | 100 | |
Services | 104 | 102 | 100 | |
Groceries | 91 | 98 | 100 | |
Health | 104 | 102 | 100 | |
Housing | 87 | 107 | 100 | |
Transportation | 93 | 95 | 100 | |
Utilities | 100 | 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 Dumbarton is $219,800.
The Median Rent in Dumbarton is $1,206.
The Median Income in Dumbarton is $54,925.
The Home Value To Income in Dumbarton is 4.0x.
The Rent To Monthly Income in Dumbarton is 0.26x.
Statistic | Dumbarton | Virginia | United States |
---|---|---|---|
Median Home Value | $219,800 | $295,500 | $244,900 |
Median Rent | $1,206 | $1,326 | $1,163 |
Median Income | $54,925 | $80,615 | $69,021 |
Home Value To Income | 4.0x | 3.7x | 3.5x |
Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Dumbarton. 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, 1.0x Dumbarton.
Tuckahoe, VA has a cost of living index of 111, 1.1x Dumbarton.
Mechanicsville, VA has a cost of living index of 107, 1.1x Dumbarton.
City | Population | Cost Of Living | Vs. Dumbarton |
---|---|---|---|
Richmond, VA | 225,676 | 99 | 1.0x |
Tuckahoe, VA | 48,187 | 111 | 1.1x |
Mechanicsville, VA | 37,767 | 107 | 1.1x |
Short Pump, VA | 27,332 | 125 | 1.3x |
Laurel, VA | 17,962 | 98 | 1.0x |
Bon Air, VA | 17,846 | 106 | 1.1x |
East Highland Park, VA | 16,669 | 95 | 1.0x |
Glen Allen, VA | 14,783 | 108 | 1.1x |
Brandermill, VA | 13,745 | 108 | 1.1x |
Lakeside, VA | 12,690 | 99 | 1.0x |