True Cost of Living in Northern Virginia [MY PERSONAL COST OF LIVING EXPENSES UPDATED FOR 2024]

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  • Опубліковано 4 вер 2024

КОМЕНТАРІ • 81

  • @LivinginNorthernVirginia
    @LivinginNorthernVirginia  5 місяців тому +4

    Ready to start the conversation about moving to Northern VA? Click the link below to schedule your private Zoom video call to learn more about Northern Virginia calendly.com/your-favorite-realtor_zoomcall/30min

  • @hodagamal
    @hodagamal 5 місяців тому +20

    Personal property tax in NoVA is the highest in the nation! It’s insane. My 14 yo car is depreciating in value, yet my property tax on it keeps increasing every year. Mind boggling!

    • @LivinginNorthernVirginia
      @LivinginNorthernVirginia  5 місяців тому +4

      Thanks for sharing. It's makes zero sense for an older car to have the taxes going up.

    • @kimsmith6469
      @kimsmith6469 4 місяці тому +1

      Mine is too, this is crazy..

    • @jasonweishaupt1828
      @jasonweishaupt1828 2 місяці тому +1

      It’s been reduced by 70%. So stop complaining.

    • @kimsmith6469
      @kimsmith6469 2 місяці тому

      @jason..No it hasn't what DELUSIONAL World are you living in...mine went up 50 dollars...stop spreading Misinformation and disinformation..😡..JUST LIKE BIDENTARD..LIES LIES AND MORE INFLATION LIES..

    • @kimsmith6469
      @kimsmith6469 2 місяці тому

      And it's still going up..

  • @jeniko2841
    @jeniko2841 Місяць тому +6

    Lived in Fairfax/Vienna. One thing people don't tell you is how rude and entitled the people are in NoVA. If you can not help their careers they want nothing to do with you. Plus you get a lot of "Do you know who I am?" Karen type of attitude. So glad I don't live there anymore.

  • @Lik3ToSing
    @Lik3ToSing 5 місяців тому +8

    Average my monthly expense went up 20% comparing to before pandemic and salary stays the same. Houses price , interest rate goes up so much that I feel like my money is only worth half now

  • @proudliberal24-sv1wo
    @proudliberal24-sv1wo 4 місяці тому +5

    Property tax in VA is outrageous. I pay almost 11k for my old small cape cod home in NOVA. I also pay about $600 per year for car tax.

  • @PondLeHockey1234
    @PondLeHockey1234 Місяць тому +6

    I moved here from Texas and was so shocked and angry by that car tax bill. 😂

  • @ariellegormes8737
    @ariellegormes8737 Місяць тому +8

    I live here....save yourself the pain and don't do it 🤣

  • @nobodynothing00000
    @nobodynothing00000 2 місяці тому +6

    Fairfax county, loudoun county, Arlington county, city of falls church and city of Alexandria all expensive. Someone has to pay for those bloated massive local governments.

  • @ALT3REDB3AST
    @ALT3REDB3AST 2 місяці тому +3

    Born and raised in NoVa since 1973. The cost of living and traffic was oppressive. I moved to WV when I was 35 and don't regret it one bit.

  • @ChrisChaChing
    @ChrisChaChing 5 місяців тому +2

    Great breakdown of cost! This help us gauge of what to expect.

    • @LivinginNorthernVirginia
      @LivinginNorthernVirginia  5 місяців тому

      Thanks for watching!!!

    • @alexdickinson8193
      @alexdickinson8193 Місяць тому

      Gotta say electric and water way off at least in woodbridge smaller house too about 1600 sq ft $100 for water and $200 for electric

  • @nommy420
    @nommy420 Місяць тому +1

    100% spot on, live in NOVA, also have a 1 year old and same interest rate. Monthly expenses come out between 8-10K.

  • @deepthoughtswithjessica
    @deepthoughtswithjessica Місяць тому +2

    Gas is so much worse for indoor air quality. People don’t realize how important ventilation is when you’re cooking. Especially with gas.

    • @kenbob1071
      @kenbob1071 Місяць тому

      I have a gas stove, but bought an induction plate from IKEA and I use it most of the time. It's much quicker than gas.

  • @xianx1866
    @xianx1866 5 місяців тому +2

    Very good video! Thank you for sharing.

  • @jimywealth4628
    @jimywealth4628 Місяць тому +1

    Car insurance? what are your deductions and coverage. i pay 150$ for 2023 BMW X6 Competition. And car tax is gross

  • @CouncilMag
    @CouncilMag 5 місяців тому +2

    Wow David - Thanks for sharing, it was very helpful. ... You never said if you had a car note for the BMW X5.

    • @LivinginNorthernVirginia
      @LivinginNorthernVirginia  5 місяців тому +1

      Thanks for watching. I have 2 car notes totaling $1650/month. For this video I only included cost that are associated with living in the area that’s why I didn’t mention it.

  • @MS-cs7gt
    @MS-cs7gt 2 місяці тому +3

    lol car insurance is 120 per month for rav4 le 2023.

  • @commitmenttoexcellence
    @commitmenttoexcellence 2 місяці тому +3

    that car insurance is unbelivable

    • @tomtaggart3788
      @tomtaggart3788 2 місяці тому +1

      Nah not really - but the drivers are tho

  • @jasonweishaupt1828
    @jasonweishaupt1828 2 місяці тому +1

    We used home daycare, cost about half what a brick and mortar daycare charges.

  • @jasonweishaupt1828
    @jasonweishaupt1828 2 місяці тому +3

    I’ve lived in NOVA since 1975. Our total cost of living per month is about $3050. Our mortgage is $1295 😊. Buy low, sell high.

  • @robbrowne4995
    @robbrowne4995 29 днів тому

    Good video. What I would like to see is a comparison of prices across the DMV. Take your condo and drop it in Frederick County MD. How much would you be paying there? What about your living expenses? What about in Montgomery MD? Or Fairfax County?

  • @DeeBow06
    @DeeBow06 4 місяці тому +1

    Great video!

  • @VroodenTheGreat
    @VroodenTheGreat Місяць тому +1

    If you have a condo, and you pay the HOA to insure the condo, what is your personal property insurance actually covering?

  • @fredferrell
    @fredferrell Місяць тому +1

    You're going to love the property tax on that X5... I think I paid over $1000 for mine.

  • @angelamalhotra6192
    @angelamalhotra6192 5 місяців тому +1

    Great video!!

  • @6cody5
    @6cody5 Місяць тому +1

    I moved to Ashburn in 2021. Rent was $1700 something. This year, I got a lease renewal form for $2400 something. That's a $700 increase in around 4 years. That's just base rent. In this area, you will not find a single apartment complex where the base rent is the final number so it's even more money, generally over $100 added on in hidden fees. I eat 1 full meal a day and work in the data centers here doing both hardware and system administration work. After all this time doing everything I can to save, all I have in savings is $2000 which doesn't even cover a single month's rent. I rarely take time off and live alone. I rarely go out too because anything outside of walking trails costs too much to continue saving whatever I can scrape after paying the cost of living here. The Internet's internal functions are my passion but is it worth getting legally robbed every month?

    • @progpogs
      @progpogs Місяць тому +2

      Keep it up Cody, you just can't be a datatech forever if you want to thrive here, or you need to get roommates maybe. There's a lot of competition for datacenter techs, work on some more specialize tech skills, go up the stack a bit, and you'll command a higher salary, and benefit moreso from the job market in this area.

    • @Ryan-wx1bi
      @Ryan-wx1bi Місяць тому

      So move? I just looked it up and found plenty of places at half that price.

    • @6cody5
      @6cody5 Місяць тому

      @@Ryan-wx1bi Salary adjusts to the cost of living wherever you go in the US.

    • @Ryan-wx1bi
      @Ryan-wx1bi Місяць тому

      @@6cody5 I said I looked up places in your city for half that price. You're just living above your means

    • @6cody5
      @6cody5 Місяць тому

      @@Ryan-wx1bi I'm in the process actually.

  • @deepthoughtswithjessica
    @deepthoughtswithjessica Місяць тому +1

    Your utility cost is small, wow. We play more just for our electric alone.

  • @deepthoughtswithjessica
    @deepthoughtswithjessica Місяць тому

    South Virginia is like a whole different state, lol. Our taxes are quite reasonable here. Nothing like back in NJ. Apparently, north VA I similar to there tho, wild!

  • @jkfavs1
    @jkfavs1 Місяць тому +2

    hi David, great video, you mentioned your condo fee is around $250 per month, would like to know which neighborhood it is? thank you!

  • @s99614
    @s99614 Місяць тому

    You should have shown a picture of that $30 toll road.

  • @animestarlord9021
    @animestarlord9021 Місяць тому +1

    I live in NOVA and know how stupid the cost is.

  • @animestarlord9021
    @animestarlord9021 Місяць тому

    Loudon County is only like 15 minutes away from me, lol.

  • @Damian_M287
    @Damian_M287 5 місяців тому +2

    Car insurance is vastly different across places buddy😅

    • @Damian_M287
      @Damian_M287 5 місяців тому

      Technically Rhode island is #1 on the car tax but Virginia is #2

  • @ryanchinh1040
    @ryanchinh1040 2 місяці тому +1

    You are having luxury lifestyle.

  • @jimmywalters3071
    @jimmywalters3071 2 місяці тому +2

    The problem with Northern VA outside of the DC.. is that it's a one party area and the Democrats can get away with just about anything as their is no checks and balances !!! The local govt is bloated and the school systems waste too much money ...and when someone comes along and wants to reduce taxes - such as reducing the personal property taxes .. people in Northern VA didn't vote to let that happened !!! because so many people in this area are brainwashed and vote for the same type of people .. big spenders, high tax politicians. I moved out west to a red county and my taxes are a fraction of what Northern VA is. ... school are still good, roads are great - but its run by Repulicans , yet still have checks and balances on fiscal spending.

    • @kenbob1071
      @kenbob1071 Місяць тому

      You should have moved to one of those Red state pinnacles of success like Alabama, or Mississippi, or Louisiana, or Arkansas, or West Virginia, or Missouri, or ... 🤣

    • @kenbob1071
      @kenbob1071 Місяць тому

      P.S. What's a "Repulican"?

    • @jimmywalters3071
      @jimmywalters3071 Місяць тому

      @@kenbob1071 I moved to a RED area .. Western VA and love my standard of living.. my dollars go farther .. with very low property taxes , lower property values , so a brand new home for a fraction of DC area prices. If you don't have to live in around the DC area , believe me its so much better- higher quality life.

  • @lmbarnes3
    @lmbarnes3 Місяць тому

    Why is my expense total amount the same and my children are adults and don't live with me..and I live in Stafford? And my groceries are less $500 month, and i eat out maybe maybe 1 x month, amd work from home...fulltime.

  • @s99614
    @s99614 Місяць тому

    That's $8936 after income taxes.

  • @MrViceffendi
    @MrViceffendi 2 місяці тому +1

    I see a lot of relators are making youtube channels. Times are bad I guess lol

  • @Jim_Curtis
    @Jim_Curtis 5 місяців тому +1

    Nice X-5 David! Is the M version?

    • @LivinginNorthernVirginia
      @LivinginNorthernVirginia  5 місяців тому

      It’s not an M Version but it does have the M Sport Package.

    • @Jim_Curtis
      @Jim_Curtis 5 місяців тому +1

      @@LivinginNorthernVirginia Too bad, but I love that cement gray color! Just so you're prepared for later, even when your kid grows up and doesn't have daycare, there will be other things like private lessons or school costs, sports, clothing, etc. When they're my kid's age, it's college costs. Haha 😆

    • @LivinginNorthernVirginia
      @LivinginNorthernVirginia  5 місяців тому

      @@Jim_Curtis very true

  • @winxtra2892
    @winxtra2892 2 місяці тому +1

    Good lord, people in VA are RICH..

  • @deepthoughtswithjessica
    @deepthoughtswithjessica Місяць тому

    You say over half a million for a condo isn’t bad is ironclad proof we are experiencing late stage capitalism. People about to learn some hard lessons about how a bell curve works.

  • @appleiphone69
    @appleiphone69 2 місяці тому +1

    How much are you putting in your daughters 529 plan per month?