Cost of living in Idylwood 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 Idylwood 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 Idylwood is 150, with 100 being the average.
The cost of living index in Idylwood is 1.5x higher than the national average.
Idylwood ranks as the #150 cheapest in Virginia out of 186.
Idylwood ranks as the #5,843 cheapest out of 6,412 in the US.
The median home value in Idylwood is $622,800.
The median income in Idylwood is $107,358.
According to the most recent data on the cost of living, Idylwood has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to Virginia, Idylwood has a cost of living index that's 1.5x higher than Virginia's index of 102.
The standard of living in Idylwood ranks as #150 most affordable out of the 186 places we measured in Virginia. By definition, that implies Idylwood ranks as the #36 most expensive place in the Old Dominion.
For more reading on life in Idylwood, check out:
Six factors go into calculating the cost of living index in Idylwood. Here is how it fairs on each of the criteria:
The Services index in Idylwood is 116.
The Groceries index in Idylwood is 124.
The Health index in Idylwood is 96.
The Housing index in Idylwood is 244.
The Transportation index in Idylwood is 104.
The Utilities index in Idylwood is 95.
Living Expense | Idylwood | Virginia | National Average | |
---|---|---|---|---|
Overall | 150 | 102 | 100 | |
Services | 116 | 102 | 100 | |
Groceries | 124 | 98 | 100 | |
Health | 96 | 102 | 100 | |
Housing | 244 | 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 Idylwood is $622,800.
The Median Rent in Idylwood is $1,888.
The Median Income in Idylwood is $107,358.
The Home Value To Income in Idylwood is 5.8x.
The Rent To Monthly Income in Idylwood is 0.21x.
Statistic | Idylwood | Virginia | United States |
---|---|---|---|
Median Home Value | $622,800 | $295,500 | $244,900 |
Median Rent | $1,888 | $1,326 | $1,163 |
Median Income | $107,358 | $80,615 | $69,021 |
Home Value To Income | 5.8x | 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 Idylwood. Here's a quick look at the cost of living in the most populous nearby places:
Olney, MD has a cost of living index of 150, 1.0x Idylwood.
West Falls Church, VA has a cost of living index of 146, 1.0x Idylwood.
North Potomac, MD has a cost of living index of 167, 1.1x Idylwood.
City | Population | Cost Of Living | Vs. Idylwood |
---|---|---|---|
Olney, MD | 35,815 | 150 | 1.0x |
West Falls Church, VA | 31,023 | 146 | 1.0x |
North Potomac, MD | 24,449 | 167 | 1.1x |
Merrifield, VA | 19,075 | 150 | 1.0x |
Vienna, VA | 16,465 | 170 | 1.1x |
Kemp Mill, MD | 14,509 | 141 | 0.9x |
Falls Church, VA | 14,494 | 176 | 1.2x |
Colesville, MD | 14,468 | 140 | 0.9x |
Travilah, MD | 11,052 | 227 | 1.5x |
Lake Barcroft, VA | 10,682 | 164 | 1.1x |