Cost of living in Ettrick 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 Ettrick 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 Ettrick is 92, with 100 being the average.
The cost of living index in Ettrick is 0.9x lower than the national average.
Ettrick ranks as the #23 cheapest in Virginia out of 186.
Ettrick ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Ettrick is $135,900.
The median income in Ettrick is $52,000.
According to the most recent data on the cost of living, Ettrick has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Virginia, Ettrick has a cost of living index that's 0.9x lower than Virginia's index of 102.
The standard of living in Ettrick ranks as #23 most affordable out of the 186 places we measured in Virginia. By definition, that implies Ettrick ranks as the #163 most expensive place in the Old Dominion.
For more reading on life in Ettrick, check out:
Six factors go into calculating the cost of living index in Ettrick. Here is how it fairs on each of the criteria:
The Services index in Ettrick is 102.
The Groceries index in Ettrick is 94.
The Health index in Ettrick is 106.
The Housing index in Ettrick is 82.
The Transportation index in Ettrick is 93.
The Utilities index in Ettrick is 100.
Living Expense | Ettrick | Virginia | National Average | |
---|---|---|---|---|
Overall | 92 | 102 | 100 | |
Services | 102 | 102 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 106 | 102 | 100 | |
Housing | 82 | 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 Ettrick is $135,900.
The Median Rent in Ettrick is $1,053.
The Median Income in Ettrick is $52,000.
The Home Value To Income in Ettrick is 2.6x.
The Rent To Monthly Income in Ettrick is 0.24x.
Statistic | Ettrick | Virginia | United States |
---|---|---|---|
Median Home Value | $135,900 | $295,500 | $244,900 |
Median Rent | $1,053 | $1,326 | $1,163 |
Median Income | $52,000 | $80,615 | $69,021 |
Home Value To Income | 2.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Ettrick. 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 Ettrick.
Petersburg, VA has a cost of living index of 92, 1.0x Ettrick.
Hopewell, VA has a cost of living index of 93, 1.0x Ettrick.
City | Population | Cost Of Living | Vs. Ettrick |
---|---|---|---|
Richmond, VA | 225,676 | 99 | 1.1x |
Petersburg, VA | 33,229 | 92 | 1.0x |
Hopewell, VA | 23,020 | 93 | 1.0x |
Chester, VA | 22,512 | 101 | 1.1x |
Meadowbrook, VA | 19,574 | 101 | 1.1x |
Colonial Heights, VA | 18,127 | 97 | 1.1x |
Brandermill, VA | 13,745 | 108 | 1.2x |
Manchester, VA | 12,192 | 100 | 1.1x |
Bellwood, VA | 8,138 | 94 | 1.0x |
Rockwood, VA | 7,880 | 101 | 1.1x |