Cost of living in Mechanicsville 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 Mechanicsville 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 Mechanicsville is 107, with 100 being the average.
The cost of living index in Mechanicsville is 1.1x higher than the national average.
Mechanicsville ranks as the #67 cheapest in Virginia out of 186.
Mechanicsville ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Mechanicsville is $260,400.
The median income in Mechanicsville is $84,833.
According to the most recent data on the cost of living, Mechanicsville has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Virginia, Mechanicsville has a cost of living index that's 1.0x higher than Virginia's index of 102.
The standard of living in Mechanicsville ranks as #67 most affordable out of the 186 places we measured in Virginia. By definition, that implies Mechanicsville ranks as the #119 most expensive place in the Old Dominion.
For more reading on life in Mechanicsville, check out:
Six factors go into calculating the cost of living index in Mechanicsville. Here is how it fairs on each of the criteria:
The Services index in Mechanicsville is 105.
The Groceries index in Mechanicsville is 95.
The Health index in Mechanicsville is 106.
The Housing index in Mechanicsville is 124.
The Transportation index in Mechanicsville is 93.
The Utilities index in Mechanicsville is 102.
Living Expense | Mechanicsville | Virginia | National Average | |
---|---|---|---|---|
Overall | 107 | 102 | 100 | |
Services | 105 | 102 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 106 | 102 | 100 | |
Housing | 124 | 107 | 100 | |
Transportation | 93 | 95 | 100 | |
Utilities | 102 | 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 Mechanicsville is $260,400.
The Median Rent in Mechanicsville is $1,331.
The Median Income in Mechanicsville is $84,833.
The Home Value To Income in Mechanicsville is 3.1x.
The Rent To Monthly Income in Mechanicsville is 0.19x.
Statistic | Mechanicsville | Virginia | United States |
---|---|---|---|
Median Home Value | $260,400 | $295,500 | $244,900 |
Median Rent | $1,331 | $1,326 | $1,163 |
Median Income | $84,833 | $80,615 | $69,021 |
Home Value To Income | 3.1x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Mechanicsville | 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 | Mechanicsville | 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 | Mechanicsville | Virginia |
---|---|---|
Optometrist | $116.2 | $108.57 |
Doctor | $139.74 | $116.17 |
Dentist | $99.4 | $99.13 |
Item | Mechanicsville | Virginia |
---|---|---|
Gasoline | $2.01 | $2.22 |
Tire Balancing | $46.7 | $50.07 |
Item | Mechanicsville | Virginia |
---|---|---|
All Electricity | $176.41 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Mechanicsville. Here's a quick look at the cost of living in the most populous nearby places:
Richmond, VA has a cost of living index of 99, 0.9x Mechanicsville.
Tuckahoe, VA has a cost of living index of 111, 1.0x Mechanicsville.
Short Pump, VA has a cost of living index of 125, 1.2x Mechanicsville.
City | Population | Cost Of Living | Vs. Mechanicsville |
---|---|---|---|
Richmond, VA | 225,676 | 99 | 0.9x |
Tuckahoe, VA | 48,187 | 111 | 1.0x |
Short Pump, VA | 27,332 | 125 | 1.2x |
Meadowbrook, VA | 19,574 | 101 | 0.9x |
Laurel, VA | 17,962 | 98 | 0.9x |
Bon Air, VA | 17,846 | 106 | 1.0x |
East Highland Park, VA | 16,669 | 95 | 0.9x |
Highland Springs, VA | 14,823 | 95 | 0.9x |
Glen Allen, VA | 14,783 | 108 | 1.0x |
Lakeside, VA | 12,690 | 99 | 0.9x |