Cost of living in Fairfax Station 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 Fairfax Station 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 Fairfax Station is 174, with 100 being the average.
The cost of living index in Fairfax Station is 1.7x higher than the national average.
Fairfax Station ranks as the #175 cheapest in Virginia out of 186.
Fairfax Station ranks as the #6,169 cheapest out of 6,412 in the US.
The median home value in Fairfax Station is $703,100.
The median income in Fairfax Station is $190,139.
According to the most recent data on the cost of living, Fairfax Station has an overall cost of living index of 174, which is 1.7x higher than the national index of 100.
Compared to Virginia, Fairfax Station has a cost of living index that's 1.7x higher than Virginia's index of 102.
The standard of living in Fairfax Station ranks as #175 most affordable out of the 186 places we measured in Virginia. By definition, that implies Fairfax Station ranks as the #11 most expensive place in the Old Dominion.
For more reading on life in Fairfax Station, check out:
Six factors go into calculating the cost of living index in Fairfax Station. Here is how it fairs on each of the criteria:
The Services index in Fairfax Station is 114.
The Groceries index in Fairfax Station is 120.
The Health index in Fairfax Station is 96.
The Housing index in Fairfax Station is 317.
The Transportation index in Fairfax Station is 104.
The Utilities index in Fairfax Station is 95.
Living Expense | Fairfax Station | Virginia | National Average | |
---|---|---|---|---|
Overall | 174 | 102 | 100 | |
Services | 114 | 102 | 100 | |
Groceries | 120 | 98 | 100 | |
Health | 96 | 102 | 100 | |
Housing | 317 | 107 | 100 | |
Transportation | 104 | 95 | 100 | |
Utilities | 95 | 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 Fairfax Station is $703,100.
The Median Rent in Fairfax Station is $2,563.
The Median Income in Fairfax Station is $190,139.
The Home Value To Income in Fairfax Station is 3.7x.
The Rent To Monthly Income in Fairfax Station is 0.16x.
Statistic | Fairfax Station | Virginia | United States |
---|---|---|---|
Median Home Value | $703,100 | $295,500 | $244,900 |
Median Rent | $2,563 | $1,326 | $1,163 |
Median Income | $190,139 | $80,615 | $69,021 |
Home Value To Income | 3.7x | 3.7x | 3.5x |
Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Item | Fairfax Station | 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 | Fairfax Station | 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 | Fairfax Station | Virginia |
---|---|---|
Optometrist | $90.67 | $108.57 |
Doctor | $103.89 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Fairfax Station | Virginia |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $52.0 | $50.07 |
Item | Fairfax Station | Virginia |
---|---|---|
All Electricity | $160.85 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Fairfax Station. 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, 1.1x Fairfax Station.
Potomac, MD has a cost of living index of 198, 1.1x Fairfax Station.
Burke, VA has a cost of living index of 154, 0.9x Fairfax Station.
City | Population | Cost Of Living | Vs. Fairfax Station |
---|---|---|---|
Bethesda, MD | 66,294 | 192 | 1.1x |
Potomac, MD | 46,891 | 198 | 1.1x |
Burke, VA | 44,191 | 154 | 0.9x |
Fair Oaks, VA | 34,437 | 147 | 0.8x |
Fairfax, VA | 23,980 | 147 | 0.8x |
Franklin Farm, VA | 18,906 | 167 | 1.0x |
Burke Centre, VA | 18,113 | 143 | 0.8x |
Broadlands, VA | 14,835 | 163 | 0.9x |
Kings Park West, VA | 13,812 | 158 | 0.9x |
Lowes Island, VA | 11,272 | 163 | 0.9x |