Cost of Living in Springfield, VA

Population 30,894 · Virginia · Data vintage 2023

203
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Springfield sits 104% above the national median — $622,000 for the typical home — but median household incomes near $123,691 (66% above the US figure) soften the blow that similar pricing creates in lower-wage metros. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Springfield sits roughly 6 miles west of Alexandria. Median home values run roughly 11% lower than Alexandria's $697,000.

Cost Overview

Housing 204
Rent 201

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

About the Cost of Living in Springfield

The median home value in Springfield is $622,200 — 104% above the national median of $305,000. Median rent runs $2,643/month, 101% higher than the national median of $1,314/month. The median household income of $123,691/year is 66% higher than the US median of $74,580. The local unemployment rate is 6.2%, above 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, Springfield has a cost of living index of 203 versus the US average of 100, meaning it is 103% more expensive.

🏠 Housing

Median Home Value
$622,200
104% above avg
Zillow Home Value
$701,485
Zillow ZHVI
Median Rent
$2,643/mo
101% above avg
Zillow Rent
$2,853/mo
Zillow ZORI
Price-to-Rent Ratio
19.6x
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 66.6%
Renter-occupied 33.4%

💰 Estimated Monthly Budget

Rent median rent
$2,643
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,257/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
32.6 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.3%

Commute Mode

Drove alone
60.4%
Carpooled
12.8%
Public transit
7.8%
Walked
1.3%
Work from home
15.3%

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
$123,691
66% above avg
Per Capita Income
$51,520
Unemployment Rate
6.2%
29% above avg
Poverty Rate
7.8%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 24.9%
Graduate degree 20.1%

👥 Demographics

Median Age 41.3
Male median age 40.8
Female median age 41.7

🌤 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

💨 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 Springfield, VA?

Springfield has a cost index of 203 (100 = national average). It is 103% above the national average.

What is average rent in Springfield, VA?

The median gross rent in Springfield is $2,643 per month based on 2023 Census data.

What is the average home price in Springfield?

The median home value in Springfield is $622,200 according to Zillow and Census data.

What is the median income in Springfield?

The median household income in Springfield is $123,691 per year (2023 ACS 5-year estimates).

What is the sales tax in Springfield, VA?

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

Is Springfield, VA affordable?

Springfield is above average in cost of living, with an index of 203 — about 103% higher than the national average.

What is the weather like in Springfield?

Springfield 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.

Springfield at a Glance

Population
30,894
Median Income
$123,691
Home Value
$622,200
Median Rent
$2,643/mo
Unemployment
6.2%
Avg High Temp
67.8°F
Sales Tax
5.6%
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Explore county-level cost of living data

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