Cost of living in Fort Belvoir 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 Fort Belvoir 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 Fort Belvoir is 157, with 100 being the average.
The cost of living index in Fort Belvoir is 1.6x higher than the national average.
Fort Belvoir ranks as the #160 cheapest in Virginia out of 186.
Fort Belvoir ranks as the #5,961 cheapest out of 6,412 in the US.
The median home value in Fort Belvoir is $276,700.
The median income in Fort Belvoir is $86,524.
According to the most recent data on the cost of living, Fort Belvoir has an overall cost of living index of 157, which is 1.6x higher than the national index of 100.
Compared to Virginia, Fort Belvoir has a cost of living index that's 1.5x higher than Virginia's index of 102.
The standard of living in Fort Belvoir ranks as #160 most affordable out of the 186 places we measured in Virginia. By definition, that implies Fort Belvoir ranks as the #26 most expensive place in the Old Dominion.
For more reading on life in Fort Belvoir, check out:
Six factors go into calculating the cost of living index in Fort Belvoir. Here is how it fairs on each of the criteria:
The Services index in Fort Belvoir is 108.
The Groceries index in Fort Belvoir is 121.
The Health index in Fort Belvoir is 105.
The Housing index in Fort Belvoir is 276.
The Transportation index in Fort Belvoir is 100.
The Utilities index in Fort Belvoir is 98.
Living Expense | Fort Belvoir | Virginia | National Average | |
---|---|---|---|---|
Overall | 157 | 102 | 100 | |
Services | 108 | 102 | 100 | |
Groceries | 121 | 98 | 100 | |
Health | 105 | 102 | 100 | |
Housing | 276 | 107 | 100 | |
Transportation | 100 | 95 | 100 | |
Utilities | 98 | 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 Fort Belvoir is $276,700.
The Median Rent in Fort Belvoir is $2,865.
The Median Income in Fort Belvoir is $86,524.
The Home Value To Income in Fort Belvoir is 3.2x.
The Rent To Monthly Income in Fort Belvoir is 0.4x.
Statistic | Fort Belvoir | Virginia | United States |
---|---|---|---|
Median Home Value | $276,700 | $295,500 | $244,900 |
Median Rent | $2,865 | $1,326 | $1,163 |
Median Income | $86,524 | $80,615 | $69,021 |
Home Value To Income | 3.2x | 3.7x | 3.5x |
Rent To Monthly Income | 0.4x | 0.2x | 0.2x |
Item | Fort Belvoir | Virginia |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.45 | $10.68 |
Bowling | $19.83 | $14.67 |
Haircut | $25.56 | $18.62 |
Beauty Salon | $56.94 | $39.05 |
Item | Fort Belvoir | Virginia |
---|---|---|
Ground Beef | $4.79 | $4.22 |
Fried Chicken | $1.62 | $1.39 |
Milk | $2.58 | $2.05 |
Potatoes | $4.21 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $10.66 | $9.38 |
Toothpaste | $3.52 | $2.34 |
Item | Fort Belvoir | Virginia |
---|---|---|
Optometrist | $104.67 | $108.57 |
Doctor | $128.0 | $116.17 |
Dentist | $103.17 | $99.13 |
Item | Fort Belvoir | Virginia |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $51.0 | $50.07 |
Item | Fort Belvoir | Virginia |
---|---|---|
All Electricity | $160.85 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Fort Belvoir. 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, 1.2x Fort Belvoir.
Burke, VA has a cost of living index of 154, 1.0x Fort Belvoir.
Lorton, VA has a cost of living index of 140, 0.9x Fort Belvoir.
City | Population | Cost Of Living | Vs. Fort Belvoir |
---|---|---|---|
Bethesda, MD | 66,294 | 192 | 1.2x |
Burke, VA | 44,191 | 154 | 1.0x |
Lorton, VA | 21,394 | 140 | 0.9x |
Franklin Farm, VA | 18,906 | 167 | 1.1x |
Hybla Valley, VA | 18,410 | 124 | 0.8x |
Kingstowne, VA | 18,369 | 143 | 0.9x |
Franconia, VA | 18,310 | 142 | 0.9x |
Groveton, VA | 14,402 | 138 | 0.9x |
Kings Park West, VA | 13,812 | 158 | 1.0x |
Mount Vernon, VA | 13,707 | 153 | 1.0x |