Cost of Living Fairfax VA, and Where You Should Buy Homes
In terms of cost of living, Fairfax, VA, falls in the middle range compared to other counties in Northern Virginia. That’s according to a study by the Economic Policy Institute. The cost of living index is 48.2 points over the national average of 100. Based on the Economic Policy Institute, a family of four in Fairfax County needs $9,797 monthly or $117,561 yearly to make ends meet. Fairfax is a suburban county in Virginia. At its core, it has a lot of history and friendly people in a suburban setting. Fairfax is where you can find many old buildings and stores but only a few homes. When you get to Fairfax, take a walk down Main Street. Families walk around and take pictures of the town’s beautiful colonial architecture. So, if you’re considering the cost of living, Fairfax, VA, is higher than the national average but has plenty to offer.
Breakdown of Costs
If you’re living in a home with a mortgage and making $43,000 as your yearly salary, on average, you’ll spend about $2.03 on gas. Meanwhile, the bread will cost more than $4.22 per loaf. In addition, milk is around $2.69 per half a gallon. On the other hand, an energy bill is about $163.83, depending on how many bedrooms or bathrooms your house has. A doctor’s visit for someone with good insurance can cost about $128 out-of-pocket without counting deductibles or coinsurance fees, while dental costs can be upwards of $105 each year after just six months worth of insurance coverage goes into effect. While this gives a window of what to expect, plenty of other factors affect the cost of living. So, additional expenses like preschool or daycare might also factor into your overall budget and Fairfax VA cost of living. You could make it work by bringing in extra income, though. Opportunities for employment and career advancement are rife in the community. The city currently has many hiring opportunities for full-time positions in Fairfax County.
Least Expensive Cost of Living in Fairfax VA
Some people say Fairfax is among the most expensive areas in Virginia. But if you’re looking for a neighborhood with the lowest cost of living, Clifton fits the bill. Clifton, Virginia, is a small town with many shops and restaurants. It feels like you’re hundreds of miles away from Washington, D.C., but it’s only about an hour out. Begin your exploration in historic downtown with its walkable Old Town that features restaurants, shops, parks, and restored buildings from the early 1900s. Take a hike on the Bull-Run Occoquan Trail and visit Fairfax County’s first winery while exploring downtown. Moreover, if you want to experience the taste of Italy, go to Trattoria Villagio Market. This store sells olive oil, vinegar, spices, and sauces. They have lots of Italian specialties too, like pasta and other foods. You can also buy food to take home, like pizza and calzones. Fairfax cost of living is also affected when you want to enjoy the area. But at Clifton, you won’t go bankrupt.
Now that you know the cost of living, you might be interested in looking at home costs when you click the link: https://newconstructionfairfaxcounty.com/fairfax-cost-of-living/.