Fairfax 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.
IndexFairfaxVirginiaNational
Cost of living index141108100
IndexFairfaxVirginiaNational
Goods & Services index92100100
Groceries index11394100
Health care index8699100
Housing index239133100
Transportation index10893100
Utilities index101100100
Here we can see a simple outline of the cost of living in Fairfax, VA. As you can see, with the average cost of living in Fairfax, VA being 141, that puts it 30% higher than the average of Virginia and 41% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Fairfax, VA, the price of goods and services are 8% lower than the average of Virginia as well as 8% lower than the nation's average.

Did you know?

  • The cost of living in Fairfax is 30% higher than the Virginia average.
  • The cost of living in Fairfax is 41% higher than the national average.
  • The cost of housing in Fairfax is 139% 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 Fairfax, VA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Fairfax, VA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Fairfax, VA, then you would need to earn more income in order to maintain the same standard of living. To use the Fairfax, VA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$126,833$10,569$2,959$3,805
Renters$55,305$4,609$1,290$1,659
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Fairfax, VA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Fairfax, VA homeowners have a median income of $126,833. Using that number, you will come up with a maximum of $2,959 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $55,305, which means there is a maximum of $1,290 to be spent on the costs of renting a home or apartment.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Virginia5.3%6%

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
Virginia2%5.75%
One thing to keep in mind when considering the cost of living in Fairfax, VA is the Virginia sales tax and Virginia income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Virginia sales tax rate is 5.3% and the maximum surtax that can be charged is 6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Virginia income tax rates range from 2% to 5.75%.

Goods & Services

ItemFairfaxNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $47.00$34.6835.5%
Toothpaste $2.18$2.4711.9%
Shampoo $0.99$1.023.1%
Movie $11.94$9.8721.0%
Bowling $5.30$4.3920.7%

Groceries

ItemFairfaxNational avg.Difference
Ground Beef $2.99$4.4833.2%
Fried Chicken $1.59$1.468.6%
Milk $2.65$2.3612.4%
Potatoes $3.69$3.0620.5%
Pizza $8.00$9.2413.4%
Beer $8.59$8.630.5%

Health Care

ItemFairfaxNational avg.Difference
Optometrist $71.67$99.7828.2%
Doctor $64.00$105.0339.1%
Dentist $81.75$88.707.8%
Ibuprofen $10.83$9.4115.1%
Lipitor $293.64$298.501.6%

Housing

ItemFairfaxNational avg.Difference
Home Price $462,800.00$175,700.00163.4%
Avg. Mortgage Payment $2,313.93$1,081.03114.0%
Apartment Rent $1,671.00$920.0081.6%

Transportation

ItemFairfaxNational avg.Difference
Gasoline $2.28$2.099.0%
Tire Balancing $48.00$45.296.0%

Utilities

ItemFairfaxNational avg.Difference
All Electricity$178.68$170.804.6%
Phone $26.86$28.264.9%
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, VA2,08286-14%
Belle Haven, VA37695-5%
Bull Run, VA14,5701088%
Marumsco, VA38,89411111%
Manassas Park, VA14,99211010%
Fairfax, VA23,50714141%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kernersville, NC23,5221033%
Taylors, SC23,49097-3%
Searcy, AR23,52492-8%
Columbus, MS23,48380-20%
Eagle Mountain, UT23,4681066%
Fairfax, VA23,50714141%
Source: The Fairfax, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.