Manassas Park 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.
IndexManassas ParkVirginiaNational
Cost of living index110108100
IndexManassas ParkVirginiaNational
Goods & Services index92100100
Groceries index11394100
Health care index8699100
Housing index137133100
Transportation index10893100
Utilities index101100100
Displayed above is a general overview of the Manassas Park, VA cost of living index. The overall cost of living index in Manassas Park, VA is 110, which is 2% higher than the Virginia average and 10% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Manassas Park, VA are 8% lower than the Virginia average and 8% lower than the national average.

Did you know?

  • The cost of living in Manassas Park is 2% higher than the Virginia average.
  • The cost of living in Manassas Park is 10% higher than the national average.
  • The cost of housing in Manassas Park is 37% 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 Manassas Park, VA Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Manassas Park, VA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Manassas Park, VA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Manassas Park, VA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$75,972$6,331$1,773$2,279
Renters$66,507$5,542$1,552$1,995
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Manassas Park, VA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Manassas Park, VA homeowners, is $75,972. This would allow for a maximum of $1,773 per month to be spent on housing costs. For renters, the median monthly income is $66,507 which would result in a maximum of $1,552 to be spent on rental costs.

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 Manassas Park, 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

ItemManassas ParkNational 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

ItemManassas ParkNational 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

ItemManassas ParkNational 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

ItemManassas ParkNational avg.Difference
Home Price $222,300.00$175,700.0026.5%
Avg. Mortgage Payment $2,313.93$1,081.03114.0%
Apartment Rent $1,474.00$920.0060.2%

Transportation

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

Utilities

ItemManassas ParkNational 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.
Calverton, VA1751044%
Dumfries, VA5,1221044%
Bull Run, VA14,5701088%
Marumsco, VA38,89411111%
Midland, VA22911111%
Manassas Park, VA14,99211010%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Scottsbluff, NE14,99883-17%
La Marque, TX14,98185-15%
Traverse City, MI15,00698-2%
Johnson City, NY14,97789-11%
Indianola, IA15,01490-10%
Manassas Park, VA14,99211010%
Source: The Manassas Park, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.