Fair Oaks, VA vs Newington, VA

Fair Oaks is moderately more affordable than Newington, with a 6.7% lower cost of living index. Fair Oaks scores 154 compared to 165 for Newington, where the US average is 100. This difference means residents of Newington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fair Oaks is $2,242/month compared to $2,662/month in Newington — a 16% difference. Interestingly, home values tell a different story: while Fair Oaks has cheaper rent, Newington actually has lower median home values ($560,900 vs $580,500).

Median household income in Fair Oaks is $119,387 compared to $146,681 in Newington (-18.6%). While Newington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fair Oaks spend roughly 22.5% of their income on rent, more than the 21.8% in Newington.