Cost of Living in Merrifield, VA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

216.5

100 = national avg

+116.5 vs national average

Living Wage (1 Adult)

$95,259

per year

Living Wage (Family of 4)

$225,158

per year

Cost Index by Category

Housing
284.8
Food
154.1
Transportation
208.2
Healthcare
143.3
Utilities
169.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in Merrifield is 216.5, which is 116.5% above the national average. Housing costs are above the national average at an index of 284.8. A single adult needs to earn approximately $95,259 per year to cover basic expenses.