Woodlawn 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.
IndexWoodlawnVirginiaNational
Cost of living index86108100
IndexWoodlawnVirginiaNational
Goods & Services index97100100
Groceries index9294100
Health care index10899100
Housing index59133100
Transportation index9993100
Utilities index106100100
The above illustration supplies generalized information for the Woodlawn, VA cost of living index. Compared to other cities in Virginia and cities across the country, the cost of living index in Woodlawn, VA is 86, which is 20% lower than the Virginia average and 14% lower 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 Woodlawn, VA are 2% lower than the average for Virginia and 3% lower than the rest of the country.

Did you know?

  • The cost of living in Woodlawn is 20% lower than the Virginia average.
  • The cost of living in Woodlawn is 14% lower than the national average.
  • The cost of housing in Woodlawn is 41% lower 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 Woodlawn, VA Cost of living To Other Cities

Salary Calculator

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Health care index
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Using the salary calculator lets you compare the salary you earn in Woodlawn, VA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Woodlawn, VA, you have to earn a higher income in order to still have the same standard of living. To operate the Woodlawn, VA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$32,319$2,693$754$970
Renters$22,333$1,861$521$670
The affordability of the housing market in Woodlawn, VA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Woodlawn, VA homeowners, the median income is $32,319. This indicates that a monthly maximum of $754 should be spent by homeowners on all housing related costs. Renters have a median income of $22,333. This indicates that renters should have a maximum of $521 used for their rent related monthly costs.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
Virginia5.3%6%

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
Virginia2%5.75%
When considering the overall cost of living expenses in Woodlawn, VA, it's important to take into account the sales tax for Virginia, as well as the rate for income tax in Virginia. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Virginia is 6%, and the sales tax in the state of Virginia is 5.3%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Virginia starts from 2% and goes up to 5.75%.

Goods & Services

ItemWoodlawnNational avg.Difference
Haircut $13.55$14.597.1%
Beauty Salon $30.96$34.6810.7%
Toothpaste $2.13$2.4713.9%
Shampoo $0.96$1.026.1%
Movie $10.02$9.871.5%
Bowling $4.69$4.396.8%

Groceries

ItemWoodlawnNational avg.Difference
Ground Beef $4.29$4.484.2%
Fried Chicken $1.13$1.4622.8%
Milk $1.57$2.3633.4%
Potatoes $3.03$3.061.0%
Pizza $9.21$9.240.4%
Beer $9.35$8.638.3%

Health Care

ItemWoodlawnNational avg.Difference
Optometrist $107.26$99.787.5%
Doctor $105.00$105.030.0%
Dentist $105.00$88.7018.4%
Ibuprofen $8.89$9.415.5%
Lipitor $312.47$298.504.7%

Housing

ItemWoodlawnNational avg.Difference
Home Price $101,800.00$175,700.0042.1%
Avg. Mortgage Payment $955.01$1,081.0311.7%
Apartment Rent $553.00$920.0039.9%

Transportation

ItemWoodlawnNational avg.Difference
Gasoline $1.94$2.097.3%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemWoodlawnNational avg.Difference
All Electricity$146.87$170.8014.0%
Phone $37.99$28.2634.4%
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.
Potomac Heights, MD1,12594-6%
Cottage City, MD1,07099-1%
Belle Haven, VA37695-5%
Dumfries, VA5,1221044%
Capitol Heights, MD4,4521055%
Woodlawn, VA2,08286-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Erma, NJ2,08212525%
Quitman, TX2,08283-17%
Hooker, OK2,08285-15%
Shiner, TX2,08381-19%
North Eagle Butte, SD2,08376-24%
Woodlawn, VA2,08286-14%
Source: The Woodlawn, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.