Winchester 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.
Cost of living index107108100
Goods & Services index108100100
Groceries index10094100
Health care index9999100
Housing index117133100
Transportation index9493100
Utilities index94100100
An overview of the general cost of living index for Winchester, VA is displayed above for your reference. Residents in Winchester, VA enjoy a cost of living index of 107. This index is 2% lower than the Virginia average, and 7% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Winchester, VA, the average cost of goods and services is 8% higher than it is in Virginia, and it is 8% higher than the national average.

Did you know?

  • The cost of living in Winchester is 2% lower than the Virginia average.
  • The cost of living in Winchester is 7% higher than the national average.
  • The cost of housing in Winchester is 17% 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 income in Winchester, VA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Winchester, VA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Winchester, VA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Winchester, 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 Winchester, VA have a median income of $71,521. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,669 per month to avoid calamity and poverty. The renters in the city have an income of about $32,249, which would make their monthly maximum allowable rental costs $752.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
The Virginia sales tax and Virginia income tax rates should definitely be considered when determining the overall cost of living in Winchester, 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

ItemWinchesterNational avg.Difference
Haircut $10.20$14.5930.1%
Beauty Salon $30.00$34.6813.5%
Toothpaste $3.99$2.4761.3%
Shampoo $1.27$1.0224.3%
Movie $8.67$9.8712.1%
Bowling $4.50$4.392.5%


ItemWinchesterNational avg.Difference
Ground Beef $4.51$4.480.7%
Fried Chicken $1.41$1.463.7%
Milk $2.37$2.360.6%
Potatoes $3.19$3.064.2%
Pizza $9.25$9.240.1%
Beer $8.98$8.634.0%

Health Care

ItemWinchesterNational avg.Difference
Optometrist $86.50$99.7813.3%
Doctor $104.33$105.030.7%
Dentist $98.50$88.7011.0%
Ibuprofen $9.82$9.414.3%
Lipitor $241.66$298.5019.0%


ItemWinchesterNational avg.Difference
Home Price $219,700.00$175,700.0025.0%
Avg. Mortgage Payment $1,057.42$1,081.032.2%
Apartment Rent $919.00$920.000.1%


ItemWinchesterNational avg.Difference
Gasoline $2.13$2.091.9%
Tire Balancing $32.59$45.2928.0%


ItemWinchesterNational avg.Difference
All Electricity$157.12$170.808.0%
Phone $27.03$28.264.3%
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.
Capon Bridge, WV39396-4%
Shawneeland, VA1,70697-3%
Middletown, VA1,36299-1%
Middleway, WV422100-0%
Stephens City, VA1,8561022%
Winchester, VA27,0311077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Short Pump, VA27,03412626%
Eureka, CA27,03912020%
Thomasville, NC27,04284-16%
Mount Juliet, TN27,0531033%
Westport, CT27,055221121%
Winchester, VA27,0311077%
Source: The Winchester, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.