Newington, VA vs Oakton, VA

Newington, VA and Oakton, VA have a very similar cost of living, with only a 4.5% difference in their overall index. Newington scores 165 while Oakton scores 173 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Newington is $2,662/month compared to $2,333/month in Oakton — a 14% difference. Interestingly, home values tell a different story: while Oakton has cheaper rent, Newington actually has lower median home values ($560,900 vs $776,700).

Median household income in Newington is $146,681 compared to $163,662 in Oakton (-10.4%). While Oakton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newington spend roughly 21.8% of their income on rent, more than the 17.1% in Oakton.