Dunn Loring cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexDunn LoringVirginiaNational
Cost of living index177109100
IndexDunn LoringVirginiaNational
Goods & Services index117100100
Groceries index11595100
Health care index98101100
Housing index334133100
Transportation index10893100
Utilities index90100100
The above illustration supplies generalized information for the Dunn Loring, VA cost of living index. Compared to other cities in Virginia and cities across the country, the cost of living index in Dunn Loring, VA is 177, which is 63% higher than the Virginia average and 77% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Dunn Loring, VA are 17% higher than the average for Virginia and 17% higher than the rest of the country.

Did you know?

  • The cost of living in Dunn Loring is 63% higher than the Virginia average.
  • The cost of living in Dunn Loring is 77% higher than the national average.
  • The cost of housing in Dunn Loring is 234% higher than the national average.
  • Virginia general sales tax is 4% higher than the national average.
  • Virginia state income tax is 10% lower than the national average.

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Compare Dunn Loring, VA Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Dunn Loring, VA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Dunn Loring, VA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Dunn Loring, VA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$175,653$14,638$4,098$5,270
Renters$101,607$8,467$2,371$3,049
If you want to find a good determining factor for the cost of living and the general affordability of housing in Dunn Loring, VA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Dunn Loring, VA, the median monthly income is $175,653 for those who own their own homes. Under the standard rule, that income level would allow for $4,098 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $101,607, per the median income in the area. That would allow for renters to spend up to $2,371 on monthly rental expenses.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Virginia5.3%6%

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
Virginia2%5.75%
The Virginia sales tax and Virginia income tax rates should definitely be considered when determining the overall cost of living in Dunn Loring, VA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Virginia sales tax is 5.3% and the maximum surtax is 6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Virginia income tax rates range from 2% to 5.75%.

Goods & Services

ItemDunn LoringNational avg.Difference
Haircut $20.83$15.5633.8%
Beauty Salon $58.39$36.1161.7%
Toothpaste $2.89$2.4716.9%
Shampoo $0.88$0.968.5%
Movie $12.00$10.1318.5%
Bowling $5.45$4.7415.1%

Groceries

ItemDunn LoringNational avg.Difference
Ground Beef $3.72$3.986.6%
Fried Chicken $1.79$1.4127.2%
Milk $2.35$2.0613.7%
Potatoes $3.81$2.9827.9%
Pizza $9.79$9.473.3%
Beer $9.99$8.7913.6%

Health Care

ItemDunn LoringNational avg.Difference
Optometrist $74.83$101.0425.9%
Doctor $96.39$107.4410.3%
Dentist $93.78$90.423.7%
Ibuprofen $8.92$9.283.8%
Lipitor $443.00$426.503.9%

Housing

ItemDunn LoringNational avg.Difference
Home Price $675,800.00$175,700.00284.6%
Avg. Mortgage Payment $2,698.56$1,133.23138.1%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemDunn LoringNational avg.Difference
Gasoline $2.20$1.9910.6%
Tire Balancing $46.05$45.760.6%

Utilities

ItemDunn LoringNational avg.Difference
All Electricity$141.47$163.8113.6%
Phone $27.32$28.393.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Woodlawn, VA2,08294-6%
Belle Haven, VA3761033%
Hillcrest Heights, MD15,60411111%
Glassmanor, MD18,38911212%
Brentwood, MD3,10711818%
Dunn Loring, VA9,36017777%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Youngsville, LA9,3581055%
Aliquippa, PA9,35680-20%
Lamesa, TX9,36580-20%
North College Hill, OH9,36687-13%
Fort Oglethorpe, GA9,36888-12%
Dunn Loring, VA9,36017777%
Source: The Dunn Loring, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.