Cost of Living in Glen Allen, VA

Population 16,630 · Virginia · Data vintage 2023

119
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Glen Allen is a smaller Virginia community of around 17000 residents, where median household incomes of $96,085 and housing costs ($338,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Glen Allen sits roughly 9 miles north of Richmond — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Richmond's $328,000 median.

Cost Overview

Housing 111
Rent 131

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

About the Cost of Living in Glen Allen

The median home value in Glen Allen is $338,000 — 11% above the national median of $305,000. Median rent runs $1,719/month, 31% higher than the national median of $1,314/month. The median household income of $96,085/year is 29% higher than the US median of $74,580. The local unemployment rate is 4.3%, 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 68.8°F and lows of 47.1°F. Overall, Glen Allen has a cost of living index of 119 versus the US average of 100, meaning it is 19% more expensive.

🏠 Housing

Median Home Value
$338,000
11% above avg
Zillow Home Value
$505,345
Zillow ZHVI
Median Rent
$1,719/mo
31% above avg
Zillow Rent
$1,930/mo
Zillow ZORI
Price-to-Rent Ratio
16.4x
Favors buying
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 76.4%
Renter-occupied 23.6%

💰 Estimated Monthly Budget

Rent median rent
$1,719
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,333/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.4%

Commute Mode

Drove alone
68.7%
Carpooled
7.4%
Public transit
0.1%
Walked
0.3%
Work from home
23.4%

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
$96,085
29% above avg
Per Capita Income
$42,974
Unemployment Rate
4.3%
10% below avg
Poverty Rate
3.6%
Labor Force Participation
70.3%

🎓 Education

Bachelor's degree+ 27.6%
Graduate degree 16.2%

👥 Demographics

Median Age 40.1
Male median age 36.9
Female median age 41.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.8°F
Avg Low
47.1°F
Annual Precip
45.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475159707785898781706051
Low °F 283036455563686659483831
Precip" 3.482.873.893.434.334.143.984.934.043.653.393.68

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
60.5%
Good air days/yr
159
Max AQI recorded
220
PM2.5 days
141
Ozone days

Frequently Asked Questions

What is the cost of living in Glen Allen, VA?

Glen Allen has a cost index of 119 (100 = national average). It is 19% above the national average.

What is average rent in Glen Allen, VA?

The median gross rent in Glen Allen is $1,719 per month based on 2023 Census data.

What is the average home price in Glen Allen?

The median home value in Glen Allen is $338,000 according to Zillow and Census data.

What is the median income in Glen Allen?

The median household income in Glen Allen is $96,085 per year (2023 ACS 5-year estimates).

What is the sales tax in Glen Allen, VA?

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

Is Glen Allen, VA affordable?

Glen Allen is above average in cost of living, with an index of 119 — about 19% higher than the national average.

What is the weather like in Glen Allen?

Glen Allen has average high temperatures of 68.8°F and average lows of 47.1°F. Annual precipitation is 45.8". Data from NOAA 1991–2020 Climate Normals.

Glen Allen at a Glance

Population
16,630
Median Income
$96,085
Home Value
$338,000
Median Rent
$1,719/mo
Unemployment
4.3%
Avg High Temp
68.8°F
Sales Tax
5.6%
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🗺️ County data for Virginia

Explore county-level cost of living data

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