Lorton, VA Cost Of Living
Cost Of Living In Lorton, VA Summary
Cost of living in Lorton 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 Lorton 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 Lorton is 140, with 100 being the average.
The cost of living index in Lorton is 1.4x higher than the national average.
Lorton ranks as the #123 cheapest in Virginia out of 186.
Lorton ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in Lorton is $481,600.
The median income in Lorton is $120,000.
Table Of Contents
Lorton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lorton, VA?
According to the most recent data on the cost of living, Lorton has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to Virginia, Lorton has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in Lorton ranks as #123 most affordable out of the 186 places we measured in Virginia. By definition, that implies Lorton ranks as the #63 most expensive place in the Old Dominion.
For more reading on life in Lorton, check out:
- Living In Lorton
- Search Homes For Sale In Lorton, VA
In Virginia
In America
Lorton Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Lorton. Here is how it fairs on each of the criteria:
The Services index in Lorton is 106.
The Groceries index in Lorton is 119.
The Health index in Lorton is 104.
The Housing index in Lorton is 212.
The Transportation index in Lorton is 103.
The Utilities index in Lorton is 98.
| Living Expense | Lorton | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 140 | 102 | 100 | |
| Services | 106 | 102 | 100 | |
| Groceries | 119 | 98 | 100 | |
| Health | 104 | 102 | 100 | |
| Housing | 212 | 107 | 100 | |
| Transportation | 103 | 95 | 100 | |
| Utilities | 98 | 102 | 100 | |
Lorton, 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 Lorton is $481,600.
The Median Rent in Lorton is $2,247.
The Median Income in Lorton is $120,000.
The Home Value To Income in Lorton is 4.0x.
The Rent To Monthly Income in Lorton is 0.22x.
| Statistic | Lorton | Virginia | United States |
|---|---|---|---|
| Median Home Value | $481,600 | $295,500 | $244,900 |
| Median Rent | $2,247 | $1,326 | $1,163 |
| Median Income | $120,000 | $80,615 | $69,021 |
| Home Value To Income | 4.0x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Lorton, VA Costs By Category
Detailed Lorton Services Costs Vs. Virginia
Detailed Lorton Groceries Costs Vs. Virginia
Detailed Lorton Health Costs Vs. Virginia
Detailed Lorton Transportation Costs Vs. Virginia
Detailed Lorton Utilities Costs Vs. Virginia
Lorton SnackAbility
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Cost Of Living In Cities Around Lorton
The cost of living varies in the cities and towns around Lorton. Here's a quick look at the cost of living in the most populous nearby places:
Arlington, VA has a cost of living index of 167, 1.2x Lorton.
Burke, VA has a cost of living index of 154, 1.1x Lorton.
Woodbridge, VA has a cost of living index of 127, 0.9x Lorton.
| City | Population | Cost Of Living | Vs. Lorton |
|---|---|---|---|
| Arlington, VA | 235,764 | 167 | 1.2x |
| Burke, VA | 44,191 | 154 | 1.1x |
| Woodbridge, VA | 42,734 | 127 | 0.9x |
| Franklin Farm, VA | 18,906 | 167 | 1.2x |
| Fort Hunt, VA | 16,322 | 180 | 1.3x |
| Kings Park West, VA | 13,812 | 158 | 1.1x |
| Newington, VA | 13,419 | 140 | 1.0x |
| Newington Forest, VA | 12,641 | 144 | 1.0x |
| Dunn Loring, VA | 9,251 | 183 | 1.3x |
| Laurel Hill, VA | 8,415 | 149 | 1.1x |
