| Index | Burke | Virginia | National |
| Cost of living | 158 | 111 | 100 |
| Groceries | 103 | 103 | 100 |
| Health care | 102 | 103 | 100 |
| Housing | 289 | 129 | 100 |
| Transportation | 102 | 105 | 100 |
| Utilities | 101 | 104 | 100 |
| Lifestyle & Entertainment | 100 | 103 | 100 |
| Household Items | 100 | 102 | 100 |
| Education & Childcare | 108 | 109 | 100 |
Getting a feel for the cost of living in Burke is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Burke is 158, which is 58% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Burke is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Burke falls into this category, which may not align with your goal of finding a budget-friendly living environment.
Housing costs make up a big chunk of the cost of living in Burke, 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 189% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Burke an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Burke, the median home price is 205.9% higher than what most folks pay across the country, and monthly rent prices are 149.6% higher than the usual rates. Income levels in Burke come in at $226,476, which is 178.5% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Burke, healthcare costs are 2.1% higher than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Burke, the transportation index is 1.8% higher than the national average.
The Burke cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Groceries index | |
| Health care index | |
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| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $232,189 | $19,349 | $5,417 | $6,966 |
| Renters | $148,105 | $12,342 | $3,456 | $4,444 |
| State | General Sales Tax | With Max Surtax |
| Virginia | 5.3% | 6% |
| State | Income Tax (Low) | Income Tax (High) |
| Virginia | 2% | 5.75% |
| City | Population | Cost of Living Index | National Avg. |
| Rose Hill CDP (Lee County), VA | 731 | 89 | 11.0% |
| Potomac Heights, MD | 1,295 | 90 | 10.5% |
| Woodlawn CDP (Carroll County), VA | 2,334 | 89 | 11.3% |
| Wakefield town, VA | 838 | 92 | 8.4% |
| Belle Haven town, VA | 578 | 99 | 1.4% |
| Burke, VA | 45,553 | 158 | 58.3% |
| City | Population | Cost of Living Index | National Avg. |
| Brea, CA | 45,637 | 178 | 78.4% |
| Wake Forest, NC | 45,648 | 116 | 16.5% |
| Blacksburg, VA | 45,402 | 119 | 19.1% |
| Ashburn, VA | 45,717 | 149 | 49.3% |
| Sayreville, NJ | 45,370 | 125 | 25.1% |
| Burke, VA | 45,553 | 158 | 58.3% |
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