Newington 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.
IndexNewingtonVirginiaNational
Cost of living index146109100
IndexNewingtonVirginiaNational
Goods & Services index113100100
Groceries index10695100
Health care index107101100
Housing index229133100
Transportation index11493100
Utilities index102100100
A general summary of the cost of living index in Newington, VA is shown above. Compared to the state average of Virginia the cost of living index in Newington, VA is 146, which is 34% higher than the average in Virginia and compared to the national average it is 46% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Newington, VA goods and services come in at 13% higher than the average in Virginia and are 13% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Newington is 34% higher than the Virginia average.
  • The cost of living in Newington is 46% higher than the national average.
  • The cost of housing in Newington is 129% 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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Salary Calculator

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Use the salary calculator to compare your current salary in Newington, 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 Newington, VA, then you would need to earn more income in order to maintain the same standard of living. To use the Newington, 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$143,125$11,927$3,339$4,294
Renters$87,308$7,276$2,037$2,620
One can approximate the cost of living and the housing affordability in Newington, VA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Newington, VA have a median income of $143,125. Therefore, the amount that a consumer should spend on housing costs should be no more than $3,339 per month to avoid calamity and poverty. The renters in the city have an income of about $87,308, which would make their monthly maximum allowable rental costs $2,037.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Virginia5.3%6%

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
Virginia2%5.75%
For those who live in Newington, VA and want to know what the true cost of living is, they ought to look at both the Virginia income tax rate and the Virginia sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Virginia, the sales tax is 5.3%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Virginia, the income tax rate ranges between 2% to 5.75%.

Goods & Services

ItemNewingtonNational avg.Difference
Haircut $21.06$15.5635.3%
Beauty Salon $68.19$36.1188.9%
Toothpaste $2.99$2.4720.9%
Shampoo $1.19$0.9623.0%
Movie $12.77$10.1326.1%
Bowling $5.45$4.7415.1%

Groceries

ItemNewingtonNational avg.Difference
Ground Beef $3.75$3.985.9%
Fried Chicken $1.68$1.4119.4%
Milk $2.31$2.0612.1%
Potatoes $3.06$2.982.5%
Pizza $8.99$9.475.1%
Beer $9.89$8.7912.5%

Health Care

ItemNewingtonNational avg.Difference
Optometrist $96.58$101.044.4%
Doctor $119.88$107.4411.6%
Dentist $99.36$90.429.9%
Ibuprofen $9.73$9.284.8%
Lipitor $426.15$426.500.1%

Housing

ItemNewingtonNational avg.Difference
Home Price $411,400.00$175,700.00134.1%
Avg. Mortgage Payment $2,535.22$1,133.23123.7%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemNewingtonNational avg.Difference
Gasoline $2.19$1.999.8%
Tire Balancing $57.10$45.7624.8%

Utilities

ItemNewingtonNational avg.Difference
All Electricity$141.21$163.8113.8%
Phone $34.95$28.3923.1%
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%
Potomac Heights, MD1,12599-1%
Cottage City, MD1,0701088%
Belle Haven, VA3761033%
Dumfries, VA5,1221088%
Newington, VA13,80414646%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Chippewa Falls, WI13,80391-9%
Gardendale, AL13,80993-7%
Mount Holly, NC13,81595-5%
Tehachapi, CA13,8181066%
Orangeburg, SC13,79095-5%
Newington, VA13,80414646%
Source: The Newington, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.