Innsbrook, VA Cost Of Living
Cost Of Living In Innsbrook, VA Summary
Cost of living in Innsbrook 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 Innsbrook 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 Innsbrook is 116, with 100 being the average.
The cost of living index in Innsbrook is 1.2x higher than the national average.
Innsbrook ranks as the #88 cheapest in Virginia out of 186.
Innsbrook ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Innsbrook is $370,100.
The median income in Innsbrook is $96,849.
Table Of Contents
Innsbrook's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Innsbrook, VA?
According to the most recent data on the cost of living, Innsbrook has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Virginia, Innsbrook has a cost of living index that's 1.1x higher than Virginia's index of 102.
The standard of living in Innsbrook ranks as #88 most affordable out of the 186 places we measured in Virginia. By definition, that implies Innsbrook ranks as the #98 most expensive place in the Old Dominion.
For more reading on life in Innsbrook, check out:
- Living In Innsbrook
- Search Homes For Sale In Innsbrook, VA
In Virginia
In America
Innsbrook Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Innsbrook. Here is how it fairs on each of the criteria:
The Services index in Innsbrook is 101.
The Groceries index in Innsbrook is 93.
The Health index in Innsbrook is 106.
The Housing index in Innsbrook is 152.
The Transportation index in Innsbrook is 92.
The Utilities index in Innsbrook is 102.
| Living Expense | Innsbrook | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 116 | 102 | 100 | |
| Services | 101 | 102 | 100 | |
| Groceries | 93 | 98 | 100 | |
| Health | 106 | 102 | 100 | |
| Housing | 152 | 107 | 100 | |
| Transportation | 92 | 95 | 100 | |
| Utilities | 102 | 102 | 100 | |
Innsbrook, VA Housing Cost Breakdown
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 Innsbrook is $370,100.
The Median Rent in Innsbrook is $1,329.
The Median Income in Innsbrook is $96,849.
The Home Value To Income in Innsbrook is 3.8x.
The Rent To Monthly Income in Innsbrook is 0.16x.
| Statistic | Innsbrook | Virginia | United States |
|---|---|---|---|
| Median Home Value | $370,100 | $295,500 | $244,900 |
| Median Rent | $1,329 | $1,326 | $1,163 |
| Median Income | $96,849 | $80,615 | $69,021 |
| Home Value To Income | 3.8x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Innsbrook, VA Costs By Category
Detailed Innsbrook Services Costs Vs. Virginia
Detailed Innsbrook Groceries Costs Vs. Virginia
Detailed Innsbrook Health Costs Vs. Virginia
Detailed Innsbrook Transportation Costs Vs. Virginia
Detailed Innsbrook Utilities Costs Vs. Virginia
Innsbrook SnackAbility
/10
Cost Of Living In Cities Around Innsbrook
The cost of living varies in the cities and towns around Innsbrook. Here's a quick look at the cost of living in the most populous nearby places:
Tuckahoe, VA has a cost of living index of 111, 1.0x Innsbrook.
Mechanicsville, VA has a cost of living index of 107, 0.9x Innsbrook.
Short Pump, VA has a cost of living index of 125, 1.1x Innsbrook.
| City | Population | Cost Of Living | Vs. Innsbrook |
|---|---|---|---|
| Tuckahoe, VA | 48,187 | 111 | 1.0x |
| Mechanicsville, VA | 37,767 | 107 | 0.9x |
| Short Pump, VA | 27,332 | 125 | 1.1x |
| Laurel, VA | 17,962 | 98 | 0.8x |
| Bon Air, VA | 17,846 | 106 | 0.9x |
| Glen Allen, VA | 14,783 | 108 | 0.9x |
| Brandermill, VA | 13,745 | 108 | 0.9x |
| Lakeside, VA | 12,690 | 99 | 0.9x |
| Wyndham, VA | 12,143 | 139 | 1.2x |
| Dumbarton, VA | 8,443 | 97 | 0.8x |
