Cost of living in Warrenton 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 Warrenton 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 Warrenton is 115, with 100 being the average.
The cost of living index in Warrenton is 1.1x higher than the national average.
Warrenton ranks as the #86 cheapest in Virginia out of 186.
Warrenton ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Warrenton is $363,000.
The median income in Warrenton is $78,275.
According to the most recent data on the cost of living, Warrenton has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Virginia, Warrenton has a cost of living index that's 1.1x higher than Virginia's index of 102.
The standard of living in Warrenton ranks as #86 most affordable out of the 186 places we measured in Virginia. By definition, that implies Warrenton ranks as the #100 most expensive place in the Old Dominion.
For more reading on life in Warrenton, check out:
Six factors go into calculating the cost of living index in Warrenton. Here is how it fairs on each of the criteria:
The Services index in Warrenton is 99.
The Groceries index in Warrenton is 98.
The Health index in Warrenton is 104.
The Housing index in Warrenton is 159.
The Transportation index in Warrenton is 92.
The Utilities index in Warrenton is 101.
Living Expense | Warrenton | Virginia | National Average | |
---|---|---|---|---|
Overall | 115 | 102 | 100 | |
Services | 99 | 102 | 100 | |
Groceries | 98 | 98 | 100 | |
Health | 104 | 102 | 100 | |
Housing | 159 | 107 | 100 | |
Transportation | 92 | 95 | 100 | |
Utilities | 101 | 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 Warrenton is $363,000.
The Median Rent in Warrenton is $1,404.
The Median Income in Warrenton is $78,275.
The Home Value To Income in Warrenton is 4.6x.
The Rent To Monthly Income in Warrenton is 0.22x.
Statistic | Warrenton | Virginia | United States |
---|---|---|---|
Median Home Value | $363,000 | $295,500 | $244,900 |
Median Rent | $1,404 | $1,326 | $1,163 |
Median Income | $78,275 | $80,615 | $69,021 |
Home Value To Income | 4.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Warrenton. Here's a quick look at the cost of living in the most populous nearby places:
Manassas, VA has a cost of living index of 125, 1.1x Warrenton.
Linton Hall, VA has a cost of living index of 146, 1.3x Warrenton.
Buckhall, VA has a cost of living index of 139, 1.2x Warrenton.
City | Population | Cost Of Living | Vs. Warrenton |
---|---|---|---|
Manassas, VA | 42,596 | 125 | 1.1x |
Linton Hall, VA | 42,089 | 146 | 1.3x |
Buckhall, VA | 18,751 | 139 | 1.2x |
Sudley, VA | 18,613 | 121 | 1.1x |
Gainesville, VA | 17,081 | 145 | 1.3x |
Manassas Park, VA | 17,081 | 122 | 1.1x |
Stone Ridge, VA | 15,776 | 154 | 1.3x |
New Baltimore, VA | 11,517 | 141 | 1.2x |
Yorkshire, VA | 10,033 | 120 | 1.0x |