Cost of Living in Washington, VA

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

Cost of Living Overview

Overall Index

180.5

100 = national avg

+80.5 vs national average

Living Wage (1 Adult)

$79,420

per year

Living Wage (Family of 4)

$187,721

per year

Cost Index by Category

Housing
221.1
Transportation
115.3
Utilities
136.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,254

per month

2 Bedroom

$1,375

per month

The overall cost of living index in Washington is 180.5, which is 80.5% above the national average. Housing costs are above the national average at an index of 221.1. A single adult needs to earn approximately $79,420 per year to cover basic expenses.