Cost of Living in King George, VA

With a cost of living index of 107, King George, VA is somewhat more expensive than average. Living here is 7% more expensive than the national average and 3% above the Virginia state average of 104. King George is a small community of 4,833 residents.

Housing costs are the biggest factor in King George's cost of living. The median monthly rent is $1,494 (13% above the US median of $1,319), and the median home value sits at $330,500 (8% above the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.

The median household income in King George is $92,452, which is 23% higher than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.