Cost of Living in Alexandria, VA
Housing
The housing market plays a significant role in determining the cost of living in Alexandria, VA.
- Housing Index: 136.0 / 100
- Median Home Price is: $504,400
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2450 per month
In Alexandria, VA, the housing industry presents a housing index of 136.0, indicating higher-than-average costs relative to the national baseline. With a median home price hovering around 504400, securing a property here may necessitate a substantial financial commitment. Additionally, renting options are not significantly cheaper, with an average rent for a 2-bedroom apartment at 2400 and for a house at 2450. Considering these figures, potential movers should carefully weigh their budget options and overall lifestyle in relation to the financial requirements of residing in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Alexandria, 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.): $280 per month
Living in Alexandria, 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 $280 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 Alexandria is a financially viable option for your relocation.