Cost of living in Loudoun Valley Estates 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 Loudoun Valley Estates 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 Loudoun Valley Estates is 175, with 100 being the average.
The cost of living index in Loudoun Valley Estates is 1.8x higher than the national average.
Loudoun Valley Estates ranks as the #176 cheapest in Virginia out of 186.
Loudoun Valley Estates ranks as the #6,177 cheapest out of 6,412 in the US.
The median home value in Loudoun Valley Estates is $617,900.
The median income in Loudoun Valley Estates is $210,328.
According to the most recent data on the cost of living, Loudoun Valley Estates has an overall cost of living index of 175, which is 1.8x higher than the national index of 100.
Compared to Virginia, Loudoun Valley Estates has a cost of living index that's 1.7x higher than Virginia's index of 102.
The standard of living in Loudoun Valley Estates ranks as #176 most affordable out of the 186 places we measured in Virginia. By definition, that implies Loudoun Valley Estates ranks as the #10 most expensive place in the Old Dominion.
For more reading on life in Loudoun Valley Estates, check out:
Six factors go into calculating the cost of living index in Loudoun Valley Estates. Here is how it fairs on each of the criteria:
The Services index in Loudoun Valley Estates is 113.
The Groceries index in Loudoun Valley Estates is 114.
The Health index in Loudoun Valley Estates is 86.
The Housing index in Loudoun Valley Estates is 329.
The Transportation index in Loudoun Valley Estates is 116.
The Utilities index in Loudoun Valley Estates is 109.
Living Expense | Loudoun Valley Estates | Virginia | National Average | |
---|---|---|---|---|
Overall | 175 | 102 | 100 | |
Services | 113 | 102 | 100 | |
Groceries | 114 | 98 | 100 | |
Health | 86 | 102 | 100 | |
Housing | 329 | 107 | 100 | |
Transportation | 116 | 95 | 100 | |
Utilities | 109 | 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 Loudoun Valley Estates is $617,900.
The Median Rent in Loudoun Valley Estates is $2,968.
The Median Income in Loudoun Valley Estates is $210,328.
The Home Value To Income in Loudoun Valley Estates is 2.9x.
The Rent To Monthly Income in Loudoun Valley Estates is 0.17x.
Statistic | Loudoun Valley Estates | Virginia | United States |
---|---|---|---|
Median Home Value | $617,900 | $295,500 | $244,900 |
Median Rent | $2,968 | $1,326 | $1,163 |
Median Income | $210,328 | $80,615 | $69,021 |
Home Value To Income | 2.9x | 3.7x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Item | Loudoun Valley Estates | Virginia |
---|---|---|
Shampoo | $1.43 | $1.06 |
Movie | $12.5 | $10.68 |
Bowling | $21.25 | $14.67 |
Haircut | $31.92 | $18.62 |
Beauty Salon | $63.67 | $39.05 |
Item | Loudoun Valley Estates | Virginia |
---|---|---|
Ground Beef | $4.7 | $4.22 |
Fried Chicken | $1.75 | $1.39 |
Milk | $2.49 | $2.05 |
Potatoes | $3.99 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $10.99 | $9.38 |
Toothpaste | $2.74 | $2.34 |
Item | Loudoun Valley Estates | Virginia |
---|---|---|
Optometrist | $75.0 | $108.57 |
Doctor | $97.0 | $116.17 |
Dentist | $87.0 | $99.13 |
Item | Loudoun Valley Estates | Virginia |
---|---|---|
Gasoline | $2.44 | $2.22 |
Tire Balancing | $62.0 | $50.07 |
Item | Loudoun Valley Estates | Virginia |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $190.63 | $175.64 |
The cost of living varies in the cities and towns around Loudoun Valley Estates. Here's a quick look at the cost of living in the most populous nearby places:
Potomac, MD has a cost of living index of 198, 1.1x Loudoun Valley Estates.
Ashburn, VA has a cost of living index of 149, 0.9x Loudoun Valley Estates.
South Riding, VA has a cost of living index of 156, 0.9x Loudoun Valley Estates.
City | Population | Cost Of Living | Vs. Loudoun Valley Estates |
---|---|---|---|
Potomac, MD | 46,891 | 198 | 1.1x |
Ashburn, VA | 44,950 | 149 | 0.9x |
South Riding, VA | 33,828 | 156 | 0.9x |
North Potomac, MD | 24,449 | 167 | 1.0x |
Brambleton, VA | 21,986 | 163 | 0.9x |
McNair, VA | 20,980 | 142 | 0.8x |
Franklin Farm, VA | 18,906 | 167 | 1.0x |
Stone Ridge, VA | 15,776 | 154 | 0.9x |
Broadlands, VA | 14,835 | 163 | 0.9x |
Dranesville, VA | 11,951 | 165 | 0.9x |