Cost of living in Newington Forest 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 Newington Forest 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 Newington Forest is 144, with 100 being the average.
The cost of living index in Newington Forest is 1.4x higher than the national average.
Newington Forest ranks as the #134 cheapest in Virginia out of 186.
Newington Forest ranks as the #5,704 cheapest out of 6,412 in the US.
The median home value in Newington Forest is $465,900.
The median income in Newington Forest is $129,904.
According to the most recent data on the cost of living, Newington Forest has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.
Compared to Virginia, Newington Forest has a cost of living index that's 1.4x higher than Virginia's index of 102.
The standard of living in Newington Forest ranks as #134 most affordable out of the 186 places we measured in Virginia. By definition, that implies Newington Forest ranks as the #52 most expensive place in the Old Dominion.
For more reading on life in Newington Forest, check out:
Six factors go into calculating the cost of living index in Newington Forest. Here is how it fairs on each of the criteria:
The Services index in Newington Forest is 108.
The Groceries index in Newington Forest is 121.
The Health index in Newington Forest is 105.
The Housing index in Newington Forest is 227.
The Transportation index in Newington Forest is 101.
The Utilities index in Newington Forest is 96.
Living Expense | Newington Forest | Virginia | National Average | |
---|---|---|---|---|
Overall | 144 | 102 | 100 | |
Services | 108 | 102 | 100 | |
Groceries | 121 | 98 | 100 | |
Health | 105 | 102 | 100 | |
Housing | 227 | 107 | 100 | |
Transportation | 101 | 95 | 100 | |
Utilities | 96 | 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 Newington Forest is $465,900.
The Median Rent in Newington Forest is $2,149.
The Median Income in Newington Forest is $129,904.
The Home Value To Income in Newington Forest is 3.6x.
The Rent To Monthly Income in Newington Forest is 0.2x.
Statistic | Newington Forest | Virginia | United States |
---|---|---|---|
Median Home Value | $465,900 | $295,500 | $244,900 |
Median Rent | $2,149 | $1,326 | $1,163 |
Median Income | $129,904 | $80,615 | $69,021 |
Home Value To Income | 3.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Item | Newington Forest | Virginia |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.45 | $10.68 |
Bowling | $19.83 | $14.67 |
Haircut | $25.56 | $18.62 |
Beauty Salon | $56.94 | $39.05 |
Item | Newington Forest | Virginia |
---|---|---|
Ground Beef | $4.79 | $4.22 |
Fried Chicken | $1.62 | $1.39 |
Milk | $2.58 | $2.05 |
Potatoes | $4.21 | $3.29 |
Pizza | $11.66 | $10.62 |
Beer | $10.66 | $9.38 |
Toothpaste | $3.52 | $2.34 |
Item | Newington Forest | Virginia |
---|---|---|
Optometrist | $104.67 | $108.57 |
Doctor | $128.0 | $116.17 |
Dentist | $103.17 | $99.13 |
Item | Newington Forest | Virginia |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $51.0 | $50.07 |
Item | Newington Forest | Virginia |
---|---|---|
All Electricity | $160.85 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Newington Forest. Here's a quick look at the cost of living in the most populous nearby places:
Bethesda, MD has a cost of living index of 192, 1.3x Newington Forest.
Potomac, MD has a cost of living index of 198, 1.4x Newington Forest.
Burke, VA has a cost of living index of 154, 1.1x Newington Forest.
City | Population | Cost Of Living | Vs. Newington Forest |
---|---|---|---|
Bethesda, MD | 66,294 | 192 | 1.3x |
Potomac, MD | 46,891 | 198 | 1.4x |
Burke, VA | 44,191 | 154 | 1.1x |
Springfield, VA | 31,769 | 141 | 1.0x |
West Springfield, VA | 23,562 | 147 | 1.0x |
Lorton, VA | 21,394 | 140 | 1.0x |
Franklin Farm, VA | 18,906 | 167 | 1.2x |
Newington, VA | 13,419 | 140 | 1.0x |
Dranesville, VA | 11,951 | 165 | 1.1x |
Chevy Chase, MD | 9,889 | 204 | 1.4x |