McLean, VA

Very High · 308

Virginia · Population 50,232 · Updated March 2026

$3,376
Median Rent / Month
$250,001
Median Income
$1,304,900
Median Home Value
$3,846
Owner Costs / Month

Affordability

How far your income goes in McLean

16.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Virginia

State-level tax rates that affect your costs

5.75%
Income Tax (Top Rate)
5.3%
Sales Tax
0.8%
Property Tax Rate

Estimated Annual Costs

$40,512
Annual Rent
$14,375
State Income Tax
$10,439
Property Tax (est.)

Cost of Living Overview

McLean has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 308 (where 100 equals the national median), McLean residents can expect to pay median rent of $3,376/month while earning a median household income of $250,001/year.

The median home value in McLean, VA is $1,304,900, with typical monthly owner costs around $3,846 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Virginia has a moderate income tax rate of 5.75%. Combined with a 5.3% sales tax rate and 0.8% effective property tax rate, the overall tax environment is a factor in the total cost of living in McLean.

Frequently Asked Questions

Common questions about living costs in McLean

What is the cost of living in McLean, VA?
The cost of living index in McLean, VA is 308 (US average = 100). Median monthly rent is $3,376, median household income is $250,001/year, and the median home value is $1,304,900.
Is McLean, VA affordable?
No, McLean is more expensive than the national average with a cost index of 308. The rent-to-income ratio is 16.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in McLean, VA?
The median gross rent in McLean, VA is $3,376 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $40,512.
What is the median household income in McLean?
The median household income in McLean, VA is $250,001 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Virginia?
Virginia has a top income tax rate of 5.75%, a sales tax of 5.3%, and an effective property tax rate of 0.8%.