Dranesville 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.
IndexDranesvilleVirginiaNational
Cost of living index165107100
IndexDranesvilleVirginiaNational
Goods & Services index11299100
Groceries index12296100
Health care index8897100
Housing index286130100
Transportation index11490100
Utilities index112100100
The above illustration supplies generalized information for the Dranesville, VA cost of living index. Compared to other cities in Virginia and cities across the country, the cost of living index in Dranesville, VA is 165, which is 54% higher than the Virginia average and 65% higher 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 Dranesville, VA are 13% higher than the average for Virginia and 12% higher than the rest of the country.
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Did you know?

  • The cost of living in Dranesville is 54% higher than the Virginia average.
  • The cost of living in Dranesville is 65% higher than the national average.
  • The cost of housing in Dranesville is 186% 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.

Compare Dranesville, VA Cost of living To Other Cities

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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Use the salary calculator to compare your current income in Dranesville, 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 Dranesville, VA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Dranesville, 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)
      Owners$174,768$14,564$4,078$5,244
      Renters$112,813$9,401$2,632$3,385
      A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Dranesville, VA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Dranesville, VA has a median income of about $174,768 for people who own homes. Based on that number, a person should spend a maximum of $4,078 on expenses related to housing. Renters have a slightly different median income, which is $112,813. Based on this average, renters should spend no more than $2,632 on all of their rental costs if they want to maintain a non-impoverished standard of living.

      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 Dranesville, 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

      ItemDranesvilleNational avg.Difference
      Haircut $31.21$17.4978.4%
      Beauty Salon $62.71$38.1764.3%
      Toothpaste $3.04$2.3231.0%
      Shampoo $1.79$1.0176.9%
      Movie $12.50$10.7216.6%
      Bowling $18.50$13.8633.5%

      Groceries

      ItemDranesvilleNational avg.Difference
      Ground Beef $5.16$3.9032.3%
      Fried Chicken $1.99$1.4042.6%
      Milk $2.99$1.9652.4%
      Potatoes $4.59$3.1844.2%
      Pizza $11.99$10.3915.4%
      Beer $10.99$9.2319.1%

      Health Care

      ItemDranesvilleNational avg.Difference
      Optometrist $75.00$106.3429.5%
      Doctor $97.00$115.2515.8%
      Dentist $87.00$98.3811.6%
      Ibuprofen $10.99$9.2618.7%
      Lipitor $398.86$466.4714.5%

      Housing

      ItemDranesvilleNational avg.Difference
      Home Price $548,200.00$184,700.00196.8%
      Avg. Mortgage Payment $2,930.07$1,273.32130.1%
      Apartment Rent $2,488.00$949.00162.2%

      Transportation

      ItemDranesvilleNational avg.Difference
      Gasoline $2.80$2.598.0%
      Tire Balancing $62.00$48.9026.8%

      Utilities

      ItemDranesvilleNational avg.Difference
      All Electricity$200.52$167.6019.6%
      Phone $187.49$163.4214.7%
      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, StatePopulationCost of Living IndexNational Avg.
      Wakefield town, VA81098-2%
      Leisure World, MD9,21711717%
      Montgomery Village, MD33,09112424%
      Seven Corners, VA8,54212727%
      University Center, VA4,01812929%
      Dranesville, VA11,79216565%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Red Bank, TN11,79487-13%
      Hawaiian Paradise Park, HI11,78714040%
      Florham Park, NJ11,78716262%
      Minooka, IL11,7861055%
      Beachwood, OH11,78611717%
      Dranesville, VA11,79216565%
      Source: The Dranesville, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.