Cost of living in Tuckahoe 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 Tuckahoe 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 Tuckahoe is 111, with 100 being the average.
The cost of living index in Tuckahoe is 1.1x higher than the national average.
Tuckahoe ranks as the #77 cheapest in Virginia out of 186.
Tuckahoe ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Tuckahoe is $359,800.
The median income in Tuckahoe is $82,980.
According to the most recent data on the cost of living, Tuckahoe has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Virginia, Tuckahoe has a cost of living index that's 1.1x higher than Virginia's index of 102.
The standard of living in Tuckahoe ranks as #77 most affordable out of the 186 places we measured in Virginia. By definition, that implies Tuckahoe ranks as the #109 most expensive place in the Old Dominion.
For more reading on life in Tuckahoe, check out:
Six factors go into calculating the cost of living index in Tuckahoe. Here is how it fairs on each of the criteria:
The Services index in Tuckahoe is 101.
The Groceries index in Tuckahoe is 91.
The Health index in Tuckahoe is 105.
The Housing index in Tuckahoe is 139.
The Transportation index in Tuckahoe is 90.
The Utilities index in Tuckahoe is 103.
Living Expense | Tuckahoe | Virginia | National Average | |
---|---|---|---|---|
Overall | 111 | 102 | 100 | |
Services | 101 | 102 | 100 | |
Groceries | 91 | 98 | 100 | |
Health | 105 | 102 | 100 | |
Housing | 139 | 107 | 100 | |
Transportation | 90 | 95 | 100 | |
Utilities | 103 | 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 Tuckahoe is $359,800.
The Median Rent in Tuckahoe is $1,208.
The Median Income in Tuckahoe is $82,980.
The Home Value To Income in Tuckahoe is 4.3x.
The Rent To Monthly Income in Tuckahoe is 0.17x.
Statistic | Tuckahoe | Virginia | United States |
---|---|---|---|
Median Home Value | $359,800 | $295,500 | $244,900 |
Median Rent | $1,208 | $1,326 | $1,163 |
Median Income | $82,980 | $80,615 | $69,021 |
Home Value To Income | 4.3x | 3.7x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Tuckahoe. 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 Tuckahoe.
Mechanicsville, VA has a cost of living index of 107, 1.0x Tuckahoe.
Short Pump, VA has a cost of living index of 125, 1.1x Tuckahoe.
City | Population | Cost Of Living | Vs. Tuckahoe |
---|---|---|---|
Richmond, VA | 225,676 | 99 | 0.9x |
Mechanicsville, VA | 37,767 | 107 | 1.0x |
Short Pump, VA | 27,332 | 125 | 1.1x |
Laurel, VA | 17,962 | 98 | 0.9x |
Bon Air, VA | 17,846 | 106 | 1.0x |
Glen Allen, VA | 14,783 | 108 | 1.0x |
Brandermill, VA | 13,745 | 108 | 1.0x |
Lakeside, VA | 12,690 | 99 | 0.9x |
Manchester, VA | 12,192 | 100 | 0.9x |
Wyndham, VA | 12,143 | 139 | 1.3x |