City Comparison

Alexandria vs Springfield

Cost of Living Comparison · 2026

Alexandria

Virginia
145
Expensive
$590,000
Median Home
$2,125/mo
Median Rent
$119,700
Median Income

Springfield

Oregon
107
Above Average
$378,000
Median Home
$1,150/mo
Median Rent
$57,600
Median Income

The Verdict

35.5%

Springfield is 35.5% less expensive than Alexandria overall. A household earning $75,000 in Alexandria would need approximately $55,345 in Springfield to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
201
Alexandria
116
Springfield
Groceries
113
Alexandria
101
Springfield
Utilities
97
Alexandria
96
Springfield
Transportation
107
Alexandria
107
Springfield
Healthcare
102
Alexandria
102
Springfield

Salary Equivalence

A $75,000 salary in Alexandria has the same purchasing power as $55,345 in Springfield.

Conversely, $75,000 in Springfield equals $101,636 in Alexandria.

Living in Alexandria vs Springfield

Housing Costs

Alexandria's housing index of 201 is higher Springfield's 116, translating to median home prices of $590,000 vs $378,000. The $212,000 difference in home prices means roughly $13,776 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,125/mo in Alexandria compared to $1,150/mo in Springfield, a monthly difference of $975.

Grocery & Food Costs

Grocery expenses index at 113 in Alexandria and 101 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $537/month in Alexandria vs $480/month in Springfield. Springfield offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Alexandria and 96 in Springfield. Monthly utility bills average approximately $388 in Alexandria vs $384 in Springfield. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Alexandria and 102 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $119,700 in Alexandria and $57,600 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,552 and $53,832 respectively. Alexandria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,793/month to housing in Alexandria vs $1,344/month in Springfield. In Alexandria, median rent of $2,125/mo fits within this budget. In Springfield, median rent of $1,150/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 85 index points — focus your budget analysis there.

Frequently Asked Questions

Springfield is 35.5% more affordable overall with an index of 107 vs 145.
A $75,000 salary in Alexandria has equivalent purchasing power to approximately $55,345 in Springfield, based on the cost of living difference.
Alexandria's housing index is 201 with median homes at $590,000, while Springfield's is 116 with median homes at $378,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases