Cost of Living in Sterling, VA
Housing
The housing market plays a significant role in determining the cost of living in Sterling, VA.
- Housing Index: 120.0 / 100
- Median Home Price is: $550,000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2150 per month
When considering a move to Sterling, VA, the housing index is relatively elevated at 120.0. With a median home price of 550000, it's essential to assess your financial readiness, especially compared to the average rent of 2100 for a 2-bedroom apartment and 2150 for a 2-bedroom house. While buying a home can build equity, the current rental rates suggest a competitive market. Research local amenities, job opportunities, and neighborhood growth to ensure your decision aligns with your lifestyle aspirations and budget. Exploring in-depth can reveal hidden opportunities or drawbacks in your prospective area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sterling, VA.
- Electricity Price: $15.31 USD (median by state)
- Natural Gas Price: $19.91 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Sterling, VA could entail higher utility costs. Electricity costs sit at $15.31, while natural gas is priced at $19.91 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Sterling is a financially viable option for your relocation.