Cost of Living in Winchester city, VA

What does it cost to live in Winchester city? Income, housing, and affordability breakdown.

Median Income

$62,495

Median Rent

$1,230/mo

Median Home

$299,900

Affordability

287

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,516
Property Tax$200
Insurance$100

Total Monthly$1,816
% of Income34.9%

Renting

Median Rent$1,230
Renter's Insurance$25

Total Monthly$1,255
% of Income23.6%

Living in Winchester city, Virginia

Winchester city has a median household income of $62,495 with housing costs that represent 34.9% of income for owners and 23.6% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 287 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Virginia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.