Abingdon, VA vs Elkton, VA

Abingdon, VA and Elkton, VA have a very similar cost of living, with only a 3.6% difference in their overall index. Abingdon scores 72 while Elkton scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Abingdon is $794/month compared to $745/month in Elkton — a 7% difference. Interestingly, home values tell a different story: while Elkton has cheaper rent, Abingdon actually has lower median home values ($217,700 vs $232,300).

Median household income in Abingdon is $54,976 compared to $61,385 in Elkton (-10.4%). While Elkton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Abingdon spend roughly 17.3% of their income on rent, more than the 14.6% in Elkton.