F
51%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
155%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Ashburn Virginia National
Cost of living151109100
Goods & Services109100100
Groceries108101100
Health care9799100
Housing255130100
Transportation9595100
Utilities110104100

An Overview of Cost of Living in Ashburn, VA

Are you thinking about relocating, but curious about the potential cost of living in Ashburn? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Ashburn stands at 151, making it 51% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Ashburn is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Ashburn falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs make up a big chunk of the cost of living in Ashburn, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 154.6% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.

Is Ashburn Affordable?

Is Ashburn affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Ashburn, the median home price is 174.6% higher than the national average and monthly rent prices are 108% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Ashburn boasting a median household income of $132,582, 139.7% higher than the national average.

What Factors can Influence the Cost of Living in Ashburn?

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Ashburn, the transportation index is 4.7% lower than the national average.

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Ashburn, healthcare costs are 2.8% lower than the national average.

Where is the Data From?

The cost of living in Ashburn, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Ashburn is 38% higher than the Virginia average
  • The cost of living in Ashburn is 51% higher than the national average
  • Ashburn housing is 155% higher than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Ashburn

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Compare Ashburn, VA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$154,778$12,898$3,611$4,644
      Renters$92,833$7,736$2,166$2,785
      The affordability of the housing market in Ashburn, VA as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Ashburn homeowners, the median income is $154,778. This indicates that a monthly maximum of $3,611 should be spent by homeowners on all housing related costs. Renters have a median income of $92,833. This indicates that renters would have a maximum of $2,166 for their rent related monthly costs.

      Virginia Sales Tax

      State General Sales Tax With Max Surtax
      Virginia 5.3% 6%

      Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      Virginia 2% 5.75%

      Goods & Services

      Item Ashburn National avg. Difference
      Haircut $26.11$24.267.6%
      Beauty Salon $70.08$45.5653.8%
      Toothpaste $3.81$3.702.8%
      Shampoo $1.51$1.2817.9%
      Movie $15.69$12.1329.3%
      Bowling $24.83$18.0038.0%

      Groceries

      Item Ashburn National avg. Difference
      Ground Beef $6.24$5.846.9%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.78$4.672.2%
      Potatoes $5.49$4.9311.3%
      Pizza $12.56$12.093.9%
      Beer $11.10$10.416.6%

      Health Care

      Item Ashburn National avg. Difference
      Optometrist $92.00$125.6826.8%
      Doctor $135.03$135.780.5%
      Dentist $117.67$113.293.9%
      Ibuprofen $11.52$10.658.1%
      Lipitor $403.79$468.6013.8%

      Housing

      Item Ashburn National avg. Difference
      Home Price $507,100.00$184,700.00174.6%
      Avg. Mortgage Payment $4,819.29$2,346.69105.4%
      Apartment Rent $1,974.00$949.00108.0%

      Transportation

      Item Ashburn National avg. Difference
      Gasoline $3.25$3.466.0%
      Tire Balancing $59.00$59.921.5%

      Utilities

      Item Ashburn National avg. Difference
      All Electricity $222.47$193.9914.7%
      Phone $197.37$192.252.7%
      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 Population Cost of Living Index National Avg.
      Wakefield town, VA810954.6%
      Montgomery Village, MD34,41312525.2%
      University Center, VA3,87812726.8%
      Hamilton, VA70812929.4%
      Germantown, MD89,52913130.8%
      Ashburn, VA44,09015150.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Burke, VA44,07716060.5%
      Wake Forest, NC44,06811616.0%
      Rocky View County, AB44,056n/a 
      York, PA44,0199010.5%
      Cleveland Heights, OH44,176927.9%
      Ashburn, VA44,09015150.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.