Cost of living in Mantua 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 Mantua 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 Mantua is 173, with 100 being the average.
The cost of living index in Mantua is 1.7x higher than the national average.
Mantua ranks as the #174 cheapest in Virginia out of 186.
Mantua ranks as the #6,161 cheapest out of 6,412 in the US.
The median home value in Mantua is $826,700.
The median income in Mantua is $177,464.
According to the most recent data on the cost of living, Mantua has an overall cost of living index of 173, which is 1.7x higher than the national index of 100.
Compared to Virginia, Mantua has a cost of living index that's 1.7x higher than Virginia's index of 102.
The standard of living in Mantua ranks as #174 most affordable out of the 186 places we measured in Virginia. By definition, that implies Mantua ranks as the #12 most expensive place in the Old Dominion.
For more reading on life in Mantua, check out:
Six factors go into calculating the cost of living index in Mantua. Here is how it fairs on each of the criteria:
The Services index in Mantua is 115.
The Groceries index in Mantua is 124.
The Health index in Mantua is 94.
The Housing index in Mantua is 319.
The Transportation index in Mantua is 105.
The Utilities index in Mantua is 99.
Living Expense | Mantua | Virginia | National Average | |
---|---|---|---|---|
Overall | 173 | 102 | 100 | |
Services | 115 | 102 | 100 | |
Groceries | 124 | 98 | 100 | |
Health | 94 | 102 | 100 | |
Housing | 319 | 107 | 100 | |
Transportation | 105 | 95 | 100 | |
Utilities | 99 | 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 Mantua is $826,700.
The Median Rent in Mantua is $1,865.
The Median Income in Mantua is $177,464.
The Home Value To Income in Mantua is 4.7x.
The Rent To Monthly Income in Mantua is 0.13x.
Statistic | Mantua | Virginia | United States |
---|---|---|---|
Median Home Value | $826,700 | $295,500 | $244,900 |
Median Rent | $1,865 | $1,326 | $1,163 |
Median Income | $177,464 | $80,615 | $69,021 |
Home Value To Income | 4.7x | 3.7x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Mantua. Here's a quick look at the cost of living in the most populous nearby places:
Oakton, VA has a cost of living index of 163, 0.9x Mantua.
North Potomac, MD has a cost of living index of 167, 1.0x Mantua.
Fairfax, VA has a cost of living index of 147, 0.8x Mantua.
City | Population | Cost Of Living | Vs. Mantua |
---|---|---|---|
Oakton, VA | 36,675 | 163 | 0.9x |
North Potomac, MD | 24,449 | 167 | 1.0x |
Fairfax, VA | 23,980 | 147 | 0.8x |
Merrifield, VA | 19,075 | 150 | 0.9x |
Vienna, VA | 16,465 | 170 | 1.0x |
Kemp Mill, MD | 14,509 | 141 | 0.8x |
Kings Park West, VA | 13,812 | 158 | 0.9x |
Wakefield, VA | 11,534 | 172 | 1.0x |
Travilah, MD | 11,052 | 227 | 1.3x |
Woodburn, VA | 10,168 | 159 | 0.9x |