Cost of living in Fort Hunt 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 Hunt 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 Hunt is 180, with 100 being the average.
The cost of living index in Fort Hunt is 1.8x higher than the national average.
Fort Hunt ranks as the #179 cheapest in Virginia out of 186.
Fort Hunt ranks as the #6,208 cheapest out of 6,412 in the US.
The median home value in Fort Hunt is $731,200.
The median income in Fort Hunt is $188,925.
According to the most recent data on the cost of living, Fort Hunt has an overall cost of living index of 180, which is 1.8x higher than the national index of 100.
Compared to Virginia, Fort Hunt has a cost of living index that's 1.8x higher than Virginia's index of 102.
The standard of living in Fort Hunt ranks as #179 most affordable out of the 186 places we measured in Virginia. By definition, that implies Fort Hunt ranks as the #7 most expensive place in the Old Dominion.
For more reading on life in Fort Hunt, check out:
Six factors go into calculating the cost of living index in Fort Hunt. Here is how it fairs on each of the criteria:
The Services index in Fort Hunt is 107.
The Groceries index in Fort Hunt is 119.
The Health index in Fort Hunt is 104.
The Housing index in Fort Hunt is 350.
The Transportation index in Fort Hunt is 102.
The Utilities index in Fort Hunt is 96.
Living Expense | Fort Hunt | Virginia | National Average | |
---|---|---|---|---|
Overall | 180 | 102 | 100 | |
Services | 107 | 102 | 100 | |
Groceries | 119 | 98 | 100 | |
Health | 104 | 102 | 100 | |
Housing | 350 | 107 | 100 | |
Transportation | 102 | 95 | 100 | |
Utilities | 96 | 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 Hunt is $731,200.
The Median Rent in Fort Hunt is $3,244.
The Median Income in Fort Hunt is $188,925.
The Home Value To Income in Fort Hunt is 3.9x.
The Rent To Monthly Income in Fort Hunt is 0.21x.
Statistic | Fort Hunt | Virginia | United States |
---|---|---|---|
Median Home Value | $731,200 | $295,500 | $244,900 |
Median Rent | $3,244 | $1,326 | $1,163 |
Median Income | $188,925 | $80,615 | $69,021 |
Home Value To Income | 3.9x | 3.7x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Fort Hunt. 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 Fort Hunt.
Burke, VA has a cost of living index of 154, 0.9x Fort Hunt.
Fort Washington, MD has a cost of living index of 125, 0.7x Fort Hunt.
City | Population | Cost Of Living | Vs. Fort Hunt |
---|---|---|---|
Bethesda, MD | 66,294 | 192 | 1.1x |
Burke, VA | 44,191 | 154 | 0.9x |
Fort Washington, MD | 25,840 | 125 | 0.7x |
Hybla Valley, VA | 18,410 | 124 | 0.7x |
Groveton, VA | 14,402 | 138 | 0.8x |
Huntington, VA | 13,979 | 132 | 0.7x |
Mount Vernon, VA | 13,707 | 153 | 0.8x |
Chevy Chase, MD | 9,889 | 204 | 1.1x |
Dunn Loring, VA | 9,251 | 183 | 1.0x |
South Kensington, MD | 8,566 | 181 | 1.0x |