Triangle, VA Cost Of Living
Cost Of Living In Triangle, VA Summary
Cost of living in Triangle 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 Triangle 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 Triangle is 132, with 100 being the average.
The cost of living index in Triangle is 1.3x higher than the national average.
Triangle ranks as the #109 cheapest in Virginia out of 186.
Triangle ranks as the #5,326 cheapest out of 6,412 in the US.
The median home value in Triangle is $440,000.
The median income in Triangle is $96,207.
Table Of Contents
Triangle's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Triangle, VA?
According to the most recent data on the cost of living, Triangle has an overall cost of living index of 132, which is 1.3x higher than the national index of 100.
Compared to Virginia, Triangle has a cost of living index that's 1.3x higher than Virginia's index of 102.
The standard of living in Triangle ranks as #109 most affordable out of the 186 places we measured in Virginia. By definition, that implies Triangle ranks as the #77 most expensive place in the Old Dominion.
For more reading on life in Triangle, check out:
- Living In Triangle
- Search Homes For Sale In Triangle, VA
In Virginia
In America
Triangle Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Triangle. Here is how it fairs on each of the criteria:
The Services index in Triangle is 105.
The Groceries index in Triangle is 121.
The Health index in Triangle is 105.
The Housing index in Triangle is 190.
The Transportation index in Triangle is 100.
The Utilities index in Triangle is 96.
| Living Expense | Triangle | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 132 | 102 | 100 | |
| Services | 105 | 102 | 100 | |
| Groceries | 121 | 98 | 100 | |
| Health | 105 | 102 | 100 | |
| Housing | 190 | 107 | 100 | |
| Transportation | 100 | 95 | 100 | |
| Utilities | 96 | 102 | 100 | |
Triangle, 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 Triangle is $440,000.
The Median Rent in Triangle is $1,325.
The Median Income in Triangle is $96,207.
The Home Value To Income in Triangle is 4.6x.
The Rent To Monthly Income in Triangle is 0.17x.
| Statistic | Triangle | Virginia | United States |
|---|---|---|---|
| Median Home Value | $440,000 | $295,500 | $244,900 |
| Median Rent | $1,325 | $1,326 | $1,163 |
| Median Income | $96,207 | $80,615 | $69,021 |
| Home Value To Income | 4.6x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Triangle, VA Costs By Category
Detailed Triangle Services Costs Vs. Virginia
Detailed Triangle Groceries Costs Vs. Virginia
Detailed Triangle Health Costs Vs. Virginia
Detailed Triangle Transportation Costs Vs. Virginia
Detailed Triangle Utilities Costs Vs. Virginia
Triangle SnackAbility
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Cost Of Living In Cities Around Triangle
The cost of living varies in the cities and towns around Triangle. Here's a quick look at the cost of living in the most populous nearby places:
Burke, VA has a cost of living index of 154, 1.2x Triangle.
West Springfield, VA has a cost of living index of 147, 1.1x Triangle.
Cherry Hill, VA has a cost of living index of 124, 0.9x Triangle.
| City | Population | Cost Of Living | Vs. Triangle |
|---|---|---|---|
| Burke, VA | 44,191 | 154 | 1.2x |
| West Springfield, VA | 23,562 | 147 | 1.1x |
| Cherry Hill, VA | 22,118 | 124 | 0.9x |
| Montclair, VA | 21,961 | 136 | 1.0x |
| Kingstowne, VA | 18,369 | 143 | 1.1x |
| Burke Centre, VA | 18,113 | 143 | 1.1x |
| Fort Hunt, VA | 16,322 | 180 | 1.4x |
| Kings Park West, VA | 13,812 | 158 | 1.2x |
| Newington Forest, VA | 12,641 | 144 | 1.1x |
| Long Branch, VA | 7,734 | 147 | 1.1x |
