Short Pump, VA Cost Of Living
Cost Of Living In Short Pump, VA Summary
Cost of living in Short Pump 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 Short Pump 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 Short Pump is 125, with 100 being the average.
The cost of living index in Short Pump is 1.2x higher than the national average.
Short Pump ranks as the #101 cheapest in Virginia out of 186.
Short Pump ranks as the #5,043 cheapest out of 6,412 in the US.
The median home value in Short Pump is $439,200.
The median income in Short Pump is $116,955.
Table Of Contents
Short Pump's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Short Pump, VA?
According to the most recent data on the cost of living, Short Pump has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Virginia, Short Pump has a cost of living index that's 1.2x higher than Virginia's index of 102.
The standard of living in Short Pump ranks as #101 most affordable out of the 186 places we measured in Virginia. By definition, that implies Short Pump ranks as the #85 most expensive place in the Old Dominion.
For more reading on life in Short Pump, check out:
- Living In Short Pump
- Search Homes For Sale In Short Pump, VA
In Virginia
In America
Short Pump Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Short Pump. Here is how it fairs on each of the criteria:
The Services index in Short Pump is 104.
The Groceries index in Short Pump is 95.
The Health index in Short Pump is 103.
The Housing index in Short Pump is 186.
The Transportation index in Short Pump is 93.
The Utilities index in Short Pump is 101.
| Living Expense | Short Pump | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 125 | 102 | 100 | |
| Services | 104 | 102 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 103 | 102 | 100 | |
| Housing | 186 | 107 | 100 | |
| Transportation | 93 | 95 | 100 | |
| Utilities | 101 | 102 | 100 | |
Short Pump, 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 Short Pump is $439,200.
The Median Rent in Short Pump is $1,553.
The Median Income in Short Pump is $116,955.
The Home Value To Income in Short Pump is 3.8x.
The Rent To Monthly Income in Short Pump is 0.16x.
| Statistic | Short Pump | Virginia | United States |
|---|---|---|---|
| Median Home Value | $439,200 | $295,500 | $244,900 |
| Median Rent | $1,553 | $1,326 | $1,163 |
| Median Income | $116,955 | $80,615 | $69,021 |
| Home Value To Income | 3.8x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Short Pump, VA Costs By Category
Detailed Short Pump Services Costs Vs. Virginia
| Item | Short Pump | 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 |
Detailed Short Pump Groceries Costs Vs. Virginia
| Item | Short Pump | 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 |
Detailed Short Pump Health Costs Vs. Virginia
| Item | Short Pump | Virginia |
|---|---|---|
| Optometrist | $116.2 | $108.57 |
| Doctor | $139.74 | $116.17 |
| Dentist | $99.4 | $99.13 |
Detailed Short Pump Transportation Costs Vs. Virginia
| Item | Short Pump | Virginia |
|---|---|---|
| Gasoline | $2.01 | $2.22 |
| Tire Balancing | $46.7 | $50.07 |
Detailed Short Pump Utilities Costs Vs. Virginia
| Item | Short Pump | Virginia |
|---|---|---|
| All Electricity | $176.41 | $167.67 |
| Phone | $177.97 | $175.64 |
Short Pump SnackAbility
/10
Cost Of Living In Cities Around Short Pump
The cost of living varies in the cities and towns around Short Pump. Here's a quick look at the cost of living in the most populous nearby places:
Tuckahoe, VA has a cost of living index of 111, 0.9x Short Pump.
Mechanicsville, VA has a cost of living index of 107, 0.9x Short Pump.
Laurel, VA has a cost of living index of 98, 0.8x Short Pump.
| City | Population | Cost Of Living | Vs. Short Pump |
|---|---|---|---|
| Tuckahoe, VA | 48,187 | 111 | 0.9x |
| Mechanicsville, VA | 37,767 | 107 | 0.9x |
| Laurel, VA | 17,962 | 98 | 0.8x |
| Bon Air, VA | 17,846 | 106 | 0.8x |
| Glen Allen, VA | 14,783 | 108 | 0.9x |
| Brandermill, VA | 13,745 | 108 | 0.9x |
| Lakeside, VA | 12,690 | 99 | 0.8x |
| Wyndham, VA | 12,143 | 139 | 1.1x |
| Innsbrook, VA | 8,966 | 116 | 0.9x |
| Dumbarton, VA | 8,443 | 97 | 0.8x |
