Cost of living in Winchester 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 Winchester 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 Winchester is 101, with 100 being the average.
The cost of living index in Winchester is 1.0x higher than the national average.
Winchester ranks as the #55 cheapest in Virginia out of 186.
Winchester ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Winchester is $270,300.
The median income in Winchester is $61,321.
According to the most recent data on the cost of living, Winchester has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Virginia, Winchester has a cost of living index that's 1.0x lower than Virginia's index of 102.
The standard of living in Winchester ranks as #55 most affordable out of the 186 places we measured in Virginia. By definition, that implies Winchester ranks as the #131 most expensive place in the Old Dominion.
For more reading on life in Winchester, check out:
Six factors go into calculating the cost of living index in Winchester. Here is how it fairs on each of the criteria:
The Services index in Winchester is 101.
The Groceries index in Winchester is 95.
The Health index in Winchester is 102.
The Housing index in Winchester is 112.
The Transportation index in Winchester is 96.
The Utilities index in Winchester is 99.
Living Expense | Winchester | Virginia | National Average | |
---|---|---|---|---|
Overall | 101 | 102 | 100 | |
Services | 101 | 102 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 102 | 102 | 100 | |
Housing | 112 | 107 | 100 | |
Transportation | 96 | 95 | 100 | |
Utilities | 99 | 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 Winchester is $270,300.
The Median Rent in Winchester is $1,125.
The Median Income in Winchester is $61,321.
The Home Value To Income in Winchester is 4.4x.
The Rent To Monthly Income in Winchester is 0.22x.
Statistic | Winchester | Virginia | United States |
---|---|---|---|
Median Home Value | $270,300 | $295,500 | $244,900 |
Median Rent | $1,125 | $1,326 | $1,163 |
Median Income | $61,321 | $80,615 | $69,021 |
Home Value To Income | 4.4x | 3.7x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Item | Winchester | Virginia |
---|---|---|
Shampoo | $1.49 | $1.06 |
Movie | $10.46 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $10.53 | $18.62 |
Beauty Salon | $31.08 | $39.05 |
Item | Winchester | Virginia |
---|---|---|
Ground Beef | $4.13 | $4.22 |
Fried Chicken | $1.22 | $1.39 |
Milk | $2.23 | $2.05 |
Potatoes | $3.01 | $3.29 |
Pizza | $11.5 | $10.62 |
Beer | $10.99 | $9.38 |
Toothpaste | $3.41 | $2.34 |
Item | Winchester | Virginia |
---|---|---|
Optometrist | $111.67 | $108.57 |
Doctor | $108.27 | $116.17 |
Dentist | $108.44 | $99.13 |
Item | Winchester | Virginia |
---|---|---|
Gasoline | $2.28 | $2.22 |
Tire Balancing | $37.25 | $50.07 |
Item | Winchester | Virginia |
---|---|---|
All Electricity | $171.46 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Winchester. Here's a quick look at the cost of living in the most populous nearby places:
Germantown, MD has a cost of living index of 130, 1.3x Winchester.
South Riding, VA has a cost of living index of 156, 1.5x Winchester.
Clarksburg, MD has a cost of living index of 153, 1.5x Winchester.
City | Population | Cost Of Living | Vs. Winchester |
---|---|---|---|
Germantown, MD | 90,235 | 130 | 1.3x |
South Riding, VA | 33,828 | 156 | 1.5x |
Clarksburg, MD | 27,354 | 153 | 1.5x |
Franklin Farm, VA | 18,906 | 167 | 1.7x |
Broadlands, VA | 14,835 | 163 | 1.6x |
Dranesville, VA | 11,951 | 165 | 1.6x |
Lowes Island, VA | 11,272 | 163 | 1.6x |
Belmont, VA | 9,589 | 188 | 1.9x |
Floris, VA | 7,592 | 177 | 1.8x |
Strasburg, VA | 7,036 | 97 | 1.0x |