Cost of living in Falls Church 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 Falls Church 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 Falls Church is 176, with 100 being the average.
The cost of living index in Falls Church is 1.8x higher than the national average.
Falls Church ranks as the #177 cheapest in Virginia out of 186.
Falls Church ranks as the #6,186 cheapest out of 6,412 in the US.
The median home value in Falls Church is $838,300.
The median income in Falls Church is $155,071.
According to the most recent data on the cost of living, Falls Church has an overall cost of living index of 176, which is 1.8x higher than the national index of 100.
Compared to Virginia, Falls Church has a cost of living index that's 1.7x higher than Virginia's index of 102.
The standard of living in Falls Church ranks as #177 most affordable out of the 186 places we measured in Virginia. By definition, that implies Falls Church ranks as the #9 most expensive place in the Old Dominion.
For more reading on life in Falls Church, check out:
Six factors go into calculating the cost of living index in Falls Church. Here is how it fairs on each of the criteria:
The Services index in Falls Church is 115.
The Groceries index in Falls Church is 123.
The Health index in Falls Church is 96.
The Housing index in Falls Church is 326.
The Transportation index in Falls Church is 103.
The Utilities index in Falls Church is 95.
Living Expense | Falls Church | Virginia | National Average | |
---|---|---|---|---|
Overall | 176 | 102 | 100 | |
Services | 115 | 102 | 100 | |
Groceries | 123 | 98 | 100 | |
Health | 96 | 102 | 100 | |
Housing | 326 | 107 | 100 | |
Transportation | 103 | 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 Falls Church is $838,300.
The Median Rent in Falls Church is $2,020.
The Median Income in Falls Church is $155,071.
The Home Value To Income in Falls Church is 5.4x.
The Rent To Monthly Income in Falls Church is 0.16x.
Statistic | Falls Church | Virginia | United States |
---|---|---|---|
Median Home Value | $838,300 | $295,500 | $244,900 |
Median Rent | $2,020 | $1,326 | $1,163 |
Median Income | $155,071 | $80,615 | $69,021 |
Home Value To Income | 5.4x | 3.7x | 3.5x |
Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Item | Falls Church | 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 | Falls Church | 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 | Falls Church | Virginia |
---|---|---|
Optometrist | $90.67 | $108.57 |
Doctor | $103.89 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Falls Church | Virginia |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $52.0 | $50.07 |
Item | Falls Church | Virginia |
---|---|---|
All Electricity | $160.85 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Falls Church. Here's a quick look at the cost of living in the most populous nearby places:
Annandale, VA has a cost of living index of 143, 0.8x Falls Church.
Olney, MD has a cost of living index of 150, 0.9x Falls Church.
West Falls Church, VA has a cost of living index of 146, 0.8x Falls Church.
City | Population | Cost Of Living | Vs. Falls Church |
---|---|---|---|
Annandale, VA | 41,869 | 143 | 0.8x |
Olney, MD | 35,815 | 150 | 0.9x |
West Falls Church, VA | 31,023 | 146 | 0.8x |
North Potomac, MD | 24,449 | 167 | 0.9x |
Merrifield, VA | 19,075 | 150 | 0.9x |
Idylwood, VA | 17,687 | 150 | 0.9x |
Kemp Mill, MD | 14,509 | 141 | 0.8x |
Colesville, MD | 14,468 | 140 | 0.8x |
Travilah, MD | 11,052 | 227 | 1.3x |
Lake Barcroft, VA | 10,682 | 164 | 0.9x |