Cost of Living in Lake Caroline, VA

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B+
8%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
22%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lake Caroline Virginia National
Cost of living108111100
Groceries102103100
Health care101103100
Housing122129100
Transportation101105100
Utilities106104100
Lifestyle & Entertainment104103100
Household Items101102100
Education & Childcare103109100
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Homes For Sale In Lake Caroline, VA

property for sale

164 Yorktown Dr

Ruther Glen, VA
property for sale

129 American Dr

Ruther Glen, VA
property for sale

736 Annapolis Dr

Ruther Glen, VA
property for sale

630 Lake Caroline Dr

Ruther Glen, VA

Cost Of Living Quick Facts

  • The cost of living in Lake Caroline is 3% lower than the Virginia average
  • The cost of living in Lake Caroline is 8% higher than the national average
  • Lake Caroline housing is 22% 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 Lake Caroline

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      Salary Calculator

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$93,268$7,772$2,176$2,798
      Renters$72,865$6,072$1,700$2,186

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Bowling Green, VA1,4161065.9%
      Lake Land'Or, VA3,7821066.3%
      Hanover, VA18911211.6%
      Spotsylvania Courthouse, VA5,16211919.0%
      Long Branch, VA8,13316059.5%
      Lake Caroline, VA1,4741088.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Walnut Creek, NC1,47412726.8%
      Honaker, VA1,4748118.7%
      Armour, ON1,474n/a 
      Osler, SK1,474n/a 
      The Galena Territory, IL1,47511211.7%
      Lake Caroline, VA1,4741088.1%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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