FDIC, VA Cost of Living & Utility Guide 2026

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FDIC, VA Utility & Living Guide

Living in FDIC, VA offers a unique blend of small-town charm and access to urban amenities, making it an attractive option for those looking to escape the hustle and bustle of city life.

Last updated: September 24, 2026

Total Utilities$280/mo

1BR Rent$1100/mo

Sales Tax5.3%

COL Index105 (+5% above national average)

Family Score7/10

Median Home$280,000

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FDIC is seeing growth in its tech industry, with several startups and small businesses calling the area home. The local economy is also driven by healthcare and education, with a major hospital and several schools in the area.

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🔌 Utilities

🏠 Housing

📊 Cost of Living

💰 Taxes

👨‍👩‍👧 Families

🧮 Tools

Monthly Utility Costs

⚡ Electric

$130/mo

Dominion Energy

🔥 Gas

—

N/A - Electric only

💧 Water

$50/mo

FDIC Water Department

🗑️ Garbage

$30/mo

Waste Management

📶 Internet

$70/mo

Combined Average Overhead$280/month

Housing Market

Rent & Property
1 Bedroom	$1100/mo
2 Bedrooms	$1400/mo
3 Bedrooms	$1900/mo
Median Home Price	$280,000
Property Tax Rate	1.1%
Avg Childcare/mo	$1200

The housing market in FDIC is relatively stable, with a mix of older and newer homes available. Rentals are scarce, but affordable options can be found. The area is seeing some new construction, particularly in the form of single-family homes.

Cost of Living

Overall COL Index

105

US national avg = 100

vs National Avg

+5% above national average

Groceries

103

Transportation

Healthcare

102

Childcare/mo

$1200

Tax Rates

Tax Overview
Total Sales Tax	5.3%
Property Tax Rate	1.1%
<p>State 4.3% + County 0.5% + City 0.5%</p>

Virginia has a progressive income tax system, with rates ranging from 2% to 5.75%. FDIC residents are subject to these state taxes, as well as federal income taxes.

Family & Relocation

Family Vibe Score

7/10

Safety Index

Higher = safer

School Rating

7/10

GreatSchools avg

Avg Childcare

$1200/mo

City Pulse

Population Trend

+2% (growing)

Political Climate

Purple description, with a mix of conservative and liberal views represented in the community.

Business Momentum

Moderate, with key industries including tech, healthcare, and education

Top Local Concerns

Traffic, public safety, education

🚌 Transit for Families

FDIC has a limited public transit system, but it is relatively stroller-friendly, with accessible buses and a walkable downtown area.

🎡 Top Kid Attractions

🎯
FDIC Park
🎯
FDIC Library
🎯
FDIC Community Center

Best Neighborhoods for Families

The downtown area and surrounding neighborhoods are popular with families, offering a mix of older and newer homes, as well as access to local amenities like parks and restaurants. The area is also relatively safe, with low crime rates.

Household Budget Calculator

Estimate your real monthly cost of living in FDIC based on your household profile.

📰 Live Local News

FDIC has regulations in place regarding zoning, noise ordinances, and property maintenance. Residents are also subject to Virginia state laws regarding issues like firearms and vehicle registration.

Financial Tools

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📊 FDIC — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in FDIC tend to be higher in the summer months, when air conditioning is in use. In the winter, costs are lower, but may still be affected by heating needs. Residents can expect to pay around $150-200 per month for electricity in the summer, and $100-150 per month in the winter.

🏛️ Local Tax Details

The ZIP code 20120 has a property tax millage rate of 0.85%, with no local surtaxes. Residents may also be subject to other taxes, such as the Virginia state income tax.

👶 Family & Stroller Friendliness

8/10, with wide sidewalks, accessible parks, and relatively flat terrain making it easy to get around with a stroller. However, some areas may have limited elevator access in public buildings, and the public transit system could be improved.

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