Cost of living in Long Branch 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 Long Branch 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 Long Branch is 147, with 100 being the average.
The cost of living index in Long Branch is 1.5x higher than the national average.
Long Branch ranks as the #141 cheapest in Virginia out of 186.
Long Branch ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Long Branch is $637,500.
The median income in Long Branch is $176,908.
According to the most recent data on the cost of living, Long Branch has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to Virginia, Long Branch has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in Long Branch ranks as #141 most affordable out of the 186 places we measured in Virginia. By definition, that implies Long Branch ranks as the #45 most expensive place in the Old Dominion.
For more reading on life in Long Branch, check out:
Six factors go into calculating the cost of living index in Long Branch. Here is how it fairs on each of the criteria:
The Services index in Long Branch is 104.
The Groceries index in Long Branch is 91.
The Health index in Long Branch is 105.
The Housing index in Long Branch is 261.
The Transportation index in Long Branch is 92.
The Utilities index in Long Branch is 103.
Living Expense | Long Branch | Virginia | National Average | |
---|---|---|---|---|
Overall | 147 | 102 | 100 | |
Services | 104 | 102 | 100 | |
Groceries | 91 | 98 | 100 | |
Health | 105 | 102 | 100 | |
Housing | 261 | 107 | 100 | |
Transportation | 92 | 95 | 100 | |
Utilities | 103 | 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 Long Branch is $637,500.
The Median Rent in Long Branch is $1,182.
The Median Income in Long Branch is $176,908.
The Home Value To Income in Long Branch is 3.6x.
The Rent To Monthly Income in Long Branch is 0.08x.
Statistic | Long Branch | Virginia | United States |
---|---|---|---|
Median Home Value | $637,500 | $295,500 | $244,900 |
Median Rent | $1,182 | $1,326 | $1,163 |
Median Income | $176,908 | $80,615 | $69,021 |
Home Value To Income | 3.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.08x | 0.2x | 0.2x |
Item | Long Branch | Virginia |
---|---|---|
Shampoo | $0.97 | $1.06 |
Movie | $11.73 | $10.68 |
Bowling | $18.0 | $14.67 |
Haircut | $21.36 | $18.62 |
Beauty Salon | $44.43 | $39.05 |
Item | Long Branch | Virginia |
---|---|---|
Ground Beef | $3.61 | $4.22 |
Fried Chicken | $1.05 | $1.39 |
Milk | $1.58 | $2.05 |
Potatoes | $3.16 | $3.29 |
Pizza | $10.13 | $10.62 |
Beer | $9.82 | $9.38 |
Toothpaste | $1.85 | $2.34 |
Item | Long Branch | Virginia |
---|---|---|
Optometrist | $116.2 | $108.57 |
Doctor | $139.74 | $116.17 |
Dentist | $99.4 | $99.13 |
Item | Long Branch | Virginia |
---|---|---|
Gasoline | $2.01 | $2.22 |
Tire Balancing | $46.7 | $50.07 |
Item | Long Branch | Virginia |
---|---|---|
All Electricity | $176.41 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Long Branch. Here's a quick look at the cost of living in the most populous nearby places:
North Potomac, MD has a cost of living index of 167, 1.1x Long Branch.
Fairfax, VA has a cost of living index of 147, 1.0x Long Branch.
Merrifield, VA has a cost of living index of 150, 1.0x Long Branch.
City | Population | Cost Of Living | Vs. Long Branch |
---|---|---|---|
North Potomac, MD | 24,449 | 167 | 1.1x |
Fairfax, VA | 23,980 | 147 | 1.0x |
Merrifield, VA | 19,075 | 150 | 1.0x |
Franklin Farm, VA | 18,906 | 167 | 1.1x |
Burke Centre, VA | 18,113 | 143 | 1.0x |
Kemp Mill, MD | 14,509 | 141 | 1.0x |
Kings Park West, VA | 13,812 | 158 | 1.1x |
Wakefield, VA | 11,534 | 172 | 1.2x |
Travilah, MD | 11,052 | 227 | 1.5x |
Woodburn, VA | 10,168 | 159 | 1.1x |