Cost of Living in New Baltimore, VA

With a cost of living index of 131, New Baltimore, VA is a notably expensive place to live. Living here is 31% more expensive than the national average and 27% above the Virginia state average of 104. New Baltimore is a smaller community of 11,595 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in New Baltimore is $183,696, which is 144% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Washington-Arlington-Alexandria, DC-VA-MD-WV (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.