F
48%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
144%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Linton Hall Virginia National
Cost of living148109100
Goods & Services108100100
Groceries114101100
Health care11299100
Housing244130100
Transportation10095100
Utilities101104100

An Overview of Cost of Living in Linton Hall, VA

The cost of living in Linton Hall affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Linton Hall is 148, which is 48% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Linton Hall is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Linton Hall falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs are a very significant part of the Linton Hall cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 144% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

The substantial and relentless rise in grocery prices definitely warrants some attention. Over the past two years, grocery expenses have escalated by more than 10%. Having said that, the situation in Linton Hall is even less favorable, with grocery prices here being 13.9% higher than the national average.

Is Linton Hall Affordable?

Is Linton Hall affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Linton Hall, the median home price is 146.2% higher than the national average and monthly rent prices are 138.8% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Linton Hall boasting a median household income of $149,824, 170.8% higher than the national average.

What Factors can Influence the Cost of Living in Linton Hall?

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Linton Hall, healthcare costs are 12.4% higher than the national average.

Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Linton Hall, the housing index stands at 144% higher than the national average.

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Where is the Data From?

The cost of living in Linton Hall, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Linton Hall is 36% higher than the Virginia average
  • The cost of living in Linton Hall is 48% higher than the national average
  • Linton Hall housing is 144% higher than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Linton Hall

See all the best places to live around Linton Hall

Compare Linton Hall, VA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$153,429$12,786$3,580$4,603
      Renters$105,464$8,789$2,461$3,164
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Linton Hall, VA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Linton Hall, homeowners have a median income of $153,429. Using that number, a maximum of $3,580 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $105,464, which means there is a maximum of $2,461 to be spent on the costs of renting a home or apartment.

      Virginia Sales Tax

      State General Sales Tax With Max Surtax
      Virginia 5.3% 6%

      Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      Virginia 2% 5.75%

      Goods & Services

      Item Linton Hall National avg. Difference
      Haircut $18.62$24.2623.3%
      Beauty Salon $35.20$45.5622.7%
      Toothpaste $3.73$3.700.7%
      Shampoo $1.22$1.285.0%
      Movie $11.20$12.137.7%
      Bowling $19.22$18.006.8%

      Groceries

      Item Linton Hall National avg. Difference
      Ground Beef $5.49$5.846.0%
      Fried Chicken $1.37$1.5713.0%
      Milk $4.73$4.671.3%
      Potatoes $4.76$4.933.5%
      Pizza $12.47$12.093.2%
      Beer $10.83$10.414.1%

      Health Care

      Item Linton Hall National avg. Difference
      Optometrist $109.25$125.6813.1%
      Doctor $94.10$135.7830.7%
      Dentist $109.57$113.293.3%
      Ibuprofen $10.51$10.651.3%
      Lipitor $487.97$468.604.1%

      Housing

      Item Linton Hall National avg. Difference
      Home Price $454,800.00$184,700.00146.2%
      Avg. Mortgage Payment $1,870.08$2,346.6920.3%
      Apartment Rent $2,266.00$949.00138.8%

      Transportation

      Item Linton Hall National avg. Difference
      Gasoline $3.29$3.464.9%
      Tire Balancing $62.25$59.923.9%

      Utilities

      Item Linton Hall National avg. Difference
      All Electricity $248.70$193.9928.2%
      Phone $185.37$192.253.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Midland, VA941077.0%
      Calverton, VA721077.0%
      Catlett, VA541077.0%
      Dumfries, VA5,55911716.9%
      Bealeton, VA3,96411818.1%
      Linton Hall, VA41,42614848.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Shakopee, MN41,42311110.7%
      Grove City, OH41,394990.7%
      Gainesville, GA41,4641032.6%
      Coppell, TX41,49413534.6%
      Woodlawn, MD41,50511010.4%
      Linton Hall, VA41,42614848.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.