What is the cost of living in Arlington, Virginia

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Located just across the Potomac, Arlington County is one of Virginia’s best places to live. With lots of green open spaces, walkable neighborhoods, and a low crime rate, it attracts many young professionals, singles, and new families.  To understand why this is, movers DMV will explain what the cost of living in Arlington Virginia is and why you should consider moving there.

Some general info about the cost of living in Arlington Virginia

Before we delve deeper into the cost of living in Arlington, Virginia, we should mention some of the things Arlington has to offer. For young families with children, the most important thing is education, and Arlington has some of the best private and public schools in the state. With a population of  236,434, it was ranked third on the list of best cities for raising a family in America and fourth on the list of best cities in America.

Housing cost

Before movers Virginia transfer you to Arlington, you should know about the housing costs. Housing is quite expensive since Arlington is considered one of the more affluent communities in Virginia. Buying a home is costly. If you are looking to buy a home in Arlington, you can expect to pay around $731,700. With home values increasing year after year, buying a home, if possible, is considered a good investment in Arlington.

A home in Arlington, Virginia
The cost of living in Arlington Virginia is high mostly due to high rents and home prices

Housing is the reason why the cost of living in Arlington is high. Most families are renters rather than owners, so when you’re moving from MD to VA you can expect to rent a home for $1 547 for a one-bedroom, while the median rent was $2,337. Given that the average family income is $122,604, the high rents are no surprise.

Job opportunities

After moving companies Northern VA, you should start looking for job opportunities as soon as possible if you haven’t already. The unemployment rate in Arlington was 2.1% in May of 2022, which is significantly lower than the national average. If you have a career in the public sector, you will increase your chances of finding a job. One of the biggest employers in Arlington, Virginia is actually the US Army, the US Air  Force, and Marine Corps. However, competing on the job market in Arlington, you should be aware that 75% of residents have a bachelor’s degree or higher. 

Groceries and utilities

Groceries and utilities are one of those costs that depend most on lifestyle. However, groceries aren’t that expensive and are only around 20% higher than the national average. But, after relocating with moving companies Arlington VA, you still won’t have to rethink your budget. The reason is that household income in Arlington is double the national average, while groceries are only a little more expensive. Not only that, but utilities in Arlington are lower than in the rest of the US, making your cost of living significantly lower.

Close up of vegetables
Considering high income, groceries aren’t that expensive in Arlington

Of course, there are many more factors to consider when calculating the cost of living in Arlington Virginia. While budgets are important, Arrington has a lot to offer from a great education, outdoor activities, and job opportunities. We hope this article gave a small glimpse of what to expect when moving to Arlington.

 

 

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