Cost of Living in Springfield, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
207.5
100 = national avg
+107.5 vs national average
Living Wage (1 Adult)
$91,314
per year
Living Wage (Family of 4)
$215,834
per year
Cost Index by Category
Housing302.2
Food144.5
Transportation142.9
Healthcare135.6
Utilities167.2
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 Springfield is 207.5, which is 107.5% above the national average. Housing costs are above the national average at an index of 302.2. A single adult needs to earn approximately $91,314 per year to cover basic expenses.