Cost of living in Kingstowne 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 Kingstowne 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 Kingstowne is 143, with 100 being the average.
The cost of living index in Kingstowne is 1.4x higher than the national average.
Kingstowne ranks as the #131 cheapest in Virginia out of 186.
Kingstowne ranks as the #5,677 cheapest out of 6,412 in the US.
The median home value in Kingstowne is $510,700.
The median income in Kingstowne is $132,493.
According to the most recent data on the cost of living, Kingstowne has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Virginia, Kingstowne has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in Kingstowne ranks as #131 most affordable out of the 186 places we measured in Virginia. By definition, that implies Kingstowne ranks as the #55 most expensive place in the Old Dominion.
For more reading on life in Kingstowne, check out:
Six factors go into calculating the cost of living index in Kingstowne. Here is how it fairs on each of the criteria:
The Services index in Kingstowne is 108.
The Groceries index in Kingstowne is 118.
The Health index in Kingstowne is 104.
The Housing index in Kingstowne is 234.
The Transportation index in Kingstowne is 100.
The Utilities index in Kingstowne is 96.
Living Expense | Kingstowne | Virginia | National Average | |
---|---|---|---|---|
Overall | 143 | 102 | 100 | |
Services | 108 | 102 | 100 | |
Groceries | 118 | 98 | 100 | |
Health | 104 | 102 | 100 | |
Housing | 234 | 107 | 100 | |
Transportation | 100 | 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 Kingstowne is $510,700.
The Median Rent in Kingstowne is $2,133.
The Median Income in Kingstowne is $132,493.
The Home Value To Income in Kingstowne is 3.9x.
The Rent To Monthly Income in Kingstowne is 0.19x.
Statistic | Kingstowne | Virginia | United States |
---|---|---|---|
Median Home Value | $510,700 | $295,500 | $244,900 |
Median Rent | $2,133 | $1,326 | $1,163 |
Median Income | $132,493 | $80,615 | $69,021 |
Home Value To Income | 3.9x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Kingstowne | 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 | Kingstowne | 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 | Kingstowne | Virginia |
---|---|---|
Optometrist | $104.67 | $108.57 |
Doctor | $128.0 | $116.17 |
Dentist | $103.17 | $99.13 |
Item | Kingstowne | Virginia |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $51.0 | $50.07 |
Item | Kingstowne | Virginia |
---|---|---|
All Electricity | $160.85 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Kingstowne. 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, 1.3x Kingstowne.
North Bethesda, MD has a cost of living index of 159, 1.1x Kingstowne.
Potomac, MD has a cost of living index of 198, 1.4x Kingstowne.
City | Population | Cost Of Living | Vs. Kingstowne |
---|---|---|---|
Bethesda, MD | 66,294 | 192 | 1.3x |
North Bethesda, MD | 50,695 | 159 | 1.1x |
Potomac, MD | 46,891 | 198 | 1.4x |
Springfield, VA | 31,769 | 141 | 1.0x |
Lincolnia, VA | 20,704 | 146 | 1.0x |
Franklin Farm, VA | 18,906 | 167 | 1.2x |
Hybla Valley, VA | 18,410 | 124 | 0.9x |
Franconia, VA | 18,310 | 142 | 1.0x |
Groveton, VA | 14,402 | 138 | 1.0x |
Newington, VA | 13,419 | 140 | 1.0x |