Cost Of Living in Potomac Mills, VA

Get 300+ Local Insights for Any Address in Potomac Mills, VA

Get Access to 300+ Local Data Points

F

39%

Overall NAT. AVG.

10%

Goods & Services NAT. AVG.

108%

Housing NAT. AVG.

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	Potomac Mills	Virginia	National
Cost of living	139	109	100
Goods & Services	110	100	100
Groceries	113	101	100
Health care	109	99	100
Housing	208	130	100
Transportation	111	95	100
Utilities	101	104	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Potomac Mills is 28% higher than the Virginia average
The cost of living in Potomac Mills is 39% higher than the national average
Potomac Mills housing is 108% 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 Potomac Mills

See all the best places to live around Potomac Mills

Compare Potomac Mills, VA Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Potomac Mills poll results

The best places in Virginia

Here are the best places to live in Virginia

These are the 10 cheapest cities in Virginia

Check out the 10 safest cities in Virginia

See the best places to live in Potomac Mills

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	$137,583	$11,465	$3,210	$4,128
Renters	$67,946	$5,662	$1,585	$2,039

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Potomac Mills, VA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Potomac Mills homeowners, is $137,583. This would allow for a maximum of $3,210 per month to be spent on housing costs. For renters, the median monthly income is $67,946 which would result in a maximum of $1,585 to be spent on rental 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	Potomac Mills	National avg.	Difference
Haircut	$25.51	$24.26	5.1%
Beauty Salon	$47.63	$45.56	4.5%
Toothpaste	$3.62	$3.70	2.1%
Shampoo	$1.34	$1.28	4.4%
Movie	$13.08	$12.13	7.8%
Bowling	$24.34	$18.00	35.2%

Groceries

Item	Potomac Mills	National avg.	Difference
Ground Beef	$6.08	$5.84	4.1%
Fried Chicken	$1.41	$1.57	10.6%
Milk	$4.68	$4.67	0.2%
Potatoes	$5.30	$4.93	7.3%
Pizza	$12.49	$12.09	3.4%
Beer	$10.83	$10.41	4.0%

Health Care

Item	Potomac Mills	National avg.	Difference
Optometrist	$120.12	$125.68	4.4%
Doctor	$135.82	$135.78	0.0%
Dentist	$98.77	$113.29	12.8%
Ibuprofen	$10.80	$10.65	1.4%
Lipitor	$485.49	$468.60	3.6%

Housing

Item	Potomac Mills	National avg.	Difference
Home Price	$400,900.00	$184,700.00	117.1%
Avg. Mortgage Payment	$1,923.85	$2,346.69	18.0%
Apartment Rent	$1,783.00	$949.00	87.9%

Transportation

Item	Potomac Mills	National avg.	Difference
Gasoline	$3.34	$3.46	3.6%
Tire Balancing	$64.70	$59.92	8.0%

Utilities

Item	Potomac Mills	National avg.	Difference
All Electricity	$213.29	$193.99	9.9%
Phone	$184.83	$192.25	3.9%

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.
Rock Point, MD	63	109	9.3%
Montross, VA	553	107	7.3%
Colonial Beach, VA	3,591	111	10.8%
Port Royal, VA	151	111	10.9%
Warsaw, VA	2,368	106	5.5%
Potomac Mills, VA	6,826	139	39.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Bangor Base, WA	6,825	137	37.1%
Montevallo, AL	6,829	93	6.7%
Zuni Pueblo, NM	6,822	80	19.6%
Southport, NY	6,821	88	12.0%
Louiseville, QC	6,831	n/a
Potomac Mills, VA	6,826	139	39.0%