Cost of living in Leesburg 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 Leesburg 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 Leesburg is 137, with 100 being the average.
The cost of living index in Leesburg is 1.4x higher than the national average.
Leesburg ranks as the #115 cheapest in Virginia out of 186.
Leesburg ranks as the #5,488 cheapest out of 6,412 in the US.
The median home value in Leesburg is $490,500.
The median income in Leesburg is $116,350.
According to the most recent data on the cost of living, Leesburg has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to Virginia, Leesburg has a cost of living index that's 1.3x higher than Virginia's index of 102.
The standard of living in Leesburg ranks as #115 most affordable out of the 186 places we measured in Virginia. By definition, that implies Leesburg ranks as the #71 most expensive place in the Old Dominion.
For more reading on life in Leesburg, check out:
Six factors go into calculating the cost of living index in Leesburg. Here is how it fairs on each of the criteria:
The Services index in Leesburg is 113.
The Groceries index in Leesburg is 112.
The Health index in Leesburg is 85.
The Housing index in Leesburg is 193.
The Transportation index in Leesburg is 117.
The Utilities index in Leesburg is 111.
Living Expense | Leesburg | Virginia | National Average | |
---|---|---|---|---|
Overall | 137 | 102 | 100 | |
Services | 113 | 102 | 100 | |
Groceries | 112 | 98 | 100 | |
Health | 85 | 102 | 100 | |
Housing | 193 | 107 | 100 | |
Transportation | 117 | 95 | 100 | |
Utilities | 111 | 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 Leesburg is $490,500.
The Median Rent in Leesburg is $1,763.
The Median Income in Leesburg is $116,350.
The Home Value To Income in Leesburg is 4.2x.
The Rent To Monthly Income in Leesburg is 0.18x.
Statistic | Leesburg | Virginia | United States |
---|---|---|---|
Median Home Value | $490,500 | $295,500 | $244,900 |
Median Rent | $1,763 | $1,326 | $1,163 |
Median Income | $116,350 | $80,615 | $69,021 |
Home Value To Income | 4.2x | 3.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Leesburg. Here's a quick look at the cost of living in the most populous nearby places:
Ashburn, VA has a cost of living index of 149, 1.1x Leesburg.
Clarksburg, MD has a cost of living index of 153, 1.1x Leesburg.
North Potomac, MD has a cost of living index of 167, 1.2x Leesburg.
City | Population | Cost Of Living | Vs. Leesburg |
---|---|---|---|
Ashburn, VA | 44,950 | 149 | 1.1x |
Clarksburg, MD | 27,354 | 153 | 1.1x |
North Potomac, MD | 24,449 | 167 | 1.2x |
Franklin Farm, VA | 18,906 | 167 | 1.2x |
Broadlands, VA | 14,835 | 163 | 1.2x |
Lansdowne, VA | 13,029 | 151 | 1.1x |
Dranesville, VA | 11,951 | 165 | 1.2x |
Lowes Island, VA | 11,272 | 163 | 1.2x |
Travilah, MD | 11,052 | 227 | 1.7x |
Belmont, VA | 9,589 | 188 | 1.4x |