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Arcola, VA vs Bassett, VA

164
Arcola
Virginia
VS
+144.2%
67
Bassett
Virginia

The cost of living difference between Arcola, VA and Bassett, VA is dramatic. Bassett is 144.2% cheaper than Arcola, a gap that translates to thousands of dollars per year in household expenses. Arcola has a cost index of 164 while Bassett sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Arcola is $2,508/month compared to $656/month in Bassett — a 282% difference. Home values follow the same pattern: Bassett is more affordable at $186,100 median vs $602,700.

Median household income in Arcola is $133,992 compared to $41,992 in Bassett (+219.1%). While Arcola is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arcola spend roughly 22.5% of their income on rent, more than the 18.7% in Bassett.

Income & Cost

Cost of Living Index
Arcola
164
Bassett
67
59% cheaper
Median Household Income
Arcola
$133,992
69% higher
Bassett
$41,992

Housing

Median Rent
Arcola
$2,508
Bassett
$656
74% cheaper
Median Home Value
Arcola
$602,700
Bassett
$186,100
69% cheaper
Population
Arcola
2,858
Bassett
1,020

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Arcola $3.26
Bassett $2.98
US $3.07
🥚
Eggs (grade A, large)
Arcola $2.66
Bassett $2.43
US $2.50
🥛
Milk (whole)
Arcola $4.28
Bassett $3.91
US $4.03
🍞
Bread (white)
Arcola $1.97
Bassett $1.80
US $1.85
🍗
Chicken breast
Arcola $4.41
Bassett $4.02
US $4.14
Electricity
Arcola $0.20
Bassett $0.17
US $0.19