Cost of Living in Alexandria, VA

Population 156,788 · Virginia · Data vintage 2023

199
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Alexandria's housing market reflects its status as a high-earning metro: $697,000 for a typical home, 128% above the US median, paired with household incomes around $113,638 that put it in the upper third of the state.

Cost Overview

Housing 228
Rent 155

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Alexandria

The median home value in Alexandria is $696,800 — 128% above the national median of $305,000. Median rent runs $2,031/month, 55% higher than the national median of $1,314/month. The median household income of $113,638/year is 52% higher than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 67.8°F and lows of 50.9°F, with about 13.7" of annual snowfall. Overall, Alexandria has a cost of living index of 199 versus the US average of 100, meaning it is 99% more expensive.

🏠 Housing

Median Home Value
$696,800
128% above avg
Zillow Home Value
$665,724
Zillow ZHVI
Median Rent
$2,031/mo
55% above avg
Zillow Rent
$2,222/mo
Zillow ZORI
Price-to-Rent Ratio
28.6x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$970
1 BR
$989
2 BR
$1,200
3 BR
$1,645
4 BR
$1,885
Owner-occupied 42.0%
Renter-occupied 58.0%

💰 Estimated Monthly Budget

Rent median rent
$2,031
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,645/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.9 min
18% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.2%

Commute Mode

Drove alone
50.2%
Carpooled
6.5%
Public transit
12.7%
Walked
2.5%
Bicycle
0.8%
Work from home
25.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 5.6%
State rate 4.3%
Avg local rate 1.3%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$113,638
52% above avg
Per Capita Income
$77,935
Unemployment Rate
3.4%
30% below avg
Poverty Rate
8.4%
Labor Force Participation
78.2%

🎓 Education

Bachelor's degree+ 31.4%
Graduate degree 34.4%

👥 Demographics

Median Age 37.5
Male median age 37.2
Female median age 37.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
67.8°F
Avg Low
50.9°F
Annual Precip
41.8"
Annual Snowfall
13.7"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 454857687785908881695849
Low °F 303239485868727164524235
Precip" 2.862.623.503.213.944.204.333.253.933.662.913.41
Snow" 4.95.02.00.00.00.00.00.00.00.00.11.7

🏫 Schools

NCES CCD 2019 — public school district data

76%
4-Year Graduation Rate
18.5:1
Student-teacher ratio
19
Public schools
16,295
Total enrollment

Frequently Asked Questions

What is the cost of living in Alexandria, VA?

Alexandria has a cost index of 199 (100 = national average). It is 99% above the national average.

What is average rent in Alexandria, VA?

The median gross rent in Alexandria is $2,031 per month based on 2023 Census data.

What is the average home price in Alexandria?

The median home value in Alexandria is $696,800 according to Zillow and Census data.

What is the median income in Alexandria?

The median household income in Alexandria is $113,638 per year (2023 ACS 5-year estimates).

What is the sales tax in Alexandria, VA?

The combined state and local sales tax rate in Alexandria is 5.6%. The Virginia state income tax top rate is 5.8%.

Is Alexandria, VA affordable?

Alexandria is above average in cost of living, with an index of 199 — about 99% higher than the national average.

What is the weather like in Alexandria?

Alexandria has average high temperatures of 67.8°F and average lows of 50.9°F. Annual precipitation is 41.8". Average annual snowfall is 13.7". Data from NOAA 1991–2020 Climate Normals.

Alexandria at a Glance

Population
156,788
Median Income
$113,638
Home Value
$696,800
Median Rent
$2,031/mo
Unemployment
3.4%
Avg High Temp
67.8°F
Sales Tax
5.6%
View all cities in Virginia →
🗺️ County data for Virginia

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs