Cost of Living in Fairfax, VA

Population 24,478 · Virginia · Data vintage 2023

198
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fairfax's housing market reflects its status as a high-earning metro: $677,000 for a typical home, 122% above the US median, paired with household incomes around $132,774 that put it in the upper third of the state.

Located 11 miles west of Arlington, Fairfax falls within that metro's commuting orbit. Median home values run roughly 22% lower than Arlington's $865,000.

Cost Overview

Housing 222
Rent 161

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

About the Cost of Living in Fairfax

The median home value in Fairfax is $677,400 — 122% above the national median of $305,000. Median rent runs $2,122/month, 61% higher than the national median of $1,314/month. The median household income of $132,774/year is 78% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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 66.0°F and lows of 45.3°F, with about 21" of annual snowfall. Overall, Fairfax has a cost of living index of 198 versus the US average of 100, meaning it is 98% more expensive.

🏠 Housing

Median Home Value
$677,400
122% above avg
Zillow Home Value
$780,777
Zillow ZHVI
Median Rent
$2,122/mo
61% above avg
Zillow Rent
$2,334/mo
Zillow ZORI
Price-to-Rent Ratio
26.6x
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 69.3%
Renter-occupied 30.7%

💰 Estimated Monthly Budget

Rent median rent
$2,122
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,736/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
30.6 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.2%

Commute Mode

Drove alone
57.0%
Carpooled
9.7%
Public transit
3.8%
Walked
2.7%
Bicycle
0.1%
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
$132,774
78% above avg
Per Capita Income
$62,800
Unemployment Rate
4.5%
7% below avg
Poverty Rate
9.9%
Labor Force Participation
71.6%

🎓 Education

Bachelor's degree+ 32.6%
Graduate degree 29.7%

👥 Demographics

Median Age 37.3
Male median age 35.7
Female median age 38.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.0°F
Avg Low
45.3°F
Annual Precip
43.2"
Annual Snowfall
21"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434655677583888679685747
Low °F 252734435362676558453629
Precip" 2.942.613.503.474.724.304.153.533.943.653.133.30
Snow" 6.97.03.90.10.00.00.00.00.00.00.32.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
59.5%
Good air days/yr
222
Max AQI recorded
216
PM2.5 days
130
Ozone days

Frequently Asked Questions

What is the cost of living in Fairfax, VA?

Fairfax has a cost index of 198 (100 = national average). It is 98% above the national average.

What is average rent in Fairfax, VA?

The median gross rent in Fairfax is $2,122 per month based on 2023 Census data.

What is the average home price in Fairfax?

The median home value in Fairfax is $677,400 according to Zillow and Census data.

What is the median income in Fairfax?

The median household income in Fairfax is $132,774 per year (2023 ACS 5-year estimates).

What is the sales tax in Fairfax, VA?

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

Is Fairfax, VA affordable?

Fairfax is above average in cost of living, with an index of 198 — about 98% higher than the national average.

What is the weather like in Fairfax?

Fairfax has average high temperatures of 66.0°F and average lows of 45.3°F. Annual precipitation is 43.2". Average annual snowfall is 21". Data from NOAA 1991–2020 Climate Normals.

Fairfax at a Glance

Population
24,478
Median Income
$132,774
Home Value
$677,400
Median Rent
$2,122/mo
Unemployment
4.5%
Avg High Temp
66.0°F
Sales Tax
5.6%
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