Cost of Living in Fair Lakes, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
206.8
100 = national avg
+106.8 vs national average
Living Wage (1 Adult)
$90,977
per year
Living Wage (Family of 4)
$215,037
per year
Cost Index by Category
Housing268.4
Food150.0
Transportation199.9
Healthcare140.0
Utilities163.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Fair Lakes is 206.8, which is 106.8% above the national average. Housing costs are above the national average at an index of 268.4. A single adult needs to earn approximately $90,977 per year to cover basic expenses.