Cost of Living in Reston, VA
Housing
The housing market plays a significant role in determining the cost of living in Reston, VA.
- Housing Index: 107.5 / 100
- Median Home Price is: $615,000
- Average Rent (2 BR Apartment): $2356 per month
- Average Rent (2 BR House): $2561 per month
Analyzing the housing data for Reston, VA, we see a median home price of 615000, indicating a relatively high entry point for prospective buyers. However, 107.5 suggests an absence of rental price data, meaning potential tenants may face unique challenges or opportunities in the current market. It's crucial to consider the overall economic conditions, local amenities, and community vibe to help refine your decision-making process. Remember, factors such as job market trends and neighborhood safety can significantly impact your long-term satisfaction in a new area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Reston, 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 Reston, 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 Reston is a financially viable option for your relocation.