If you’re relocating to the Loudoun County/Washington, DC metro area, you’re probably wondering how far your salary will go and how your cost of living be affected. If you’re moving from the midwest, you may get severe sticker shock when you see real estate prices as well as taxes, etc. If you’re moving from California or the North East, you may find the area a bargain.
For example, if you’re making $75,000 per year and moving from Austin, Texas to the Washington, DC/Northern Virginia area, here’s how the cost of living will compare on average:
- Groceries will cost 17% more
- Housing will cost 141% more
- Utilities will cost 32% more
- Transporation will cost 10% more
- Healthcare will cost 15% more
If you’re making $75,000 per year and moving from San Jose, California to the Washington, DC/Northern Virginia area, here’s how the cost of living will compare on average:
- Groceries will cost 25% less
- Housing will cost 11% less
- Utilities will cost 18% more
- Transportation will cost 5% less
- Healthcare will cost 8% less
To run the numbers for your specific salary and area you’re moving from, check out this CNNMoney.com article. For a more detailed cost analysis for a specific city or area within Northern Virginia, feel free to email us for a Relocation Package and Specific Local Market Analysis.