Cost of Living in Lorton, VA
Housing
The housing market plays a significant role in determining the cost of living in Lorton, VA.
- Housing Index: 107.5 / 100
- Median Home Price is: $540,000
- Average Rent (2 BR Apartment): $2318 per month
- Average Rent (2 BR House): $2520 per month
Considering a move to Lorton, VA? With a median home price of 540000, the housing market appears competitive, suggesting steady demand. However, the housing index of 107.5 at zero could raise concerns about availability or market activity. If rental properties are your focus, insufficient data may imply a limited selection, but always analyze local trends. Keep in mind that shifts in demographics, economy, and interest rates could further influence housing and rental conditions. Reflect on your priorities and financial capability before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lorton, VA.
- Electricity Price: $15.31 USD (median by state)
- Natural Gas Price: $19.91 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $242 per month
Living in Lorton, VA could entail higher utility costs. Electricity costs sit at $15.31, while natural gas is priced at $19.91 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $242 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lorton is a financially viable option for your relocation.