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Bassett, VA vs Elkton, VA

67
Bassett
Virginia
VS
-9.8%
74
Elkton
Virginia

Bassett is moderately more affordable than Elkton, with a 9.8% lower cost of living index. Bassett scores 67 compared to 74 for Elkton, where the US average is 100. This difference means residents of Elkton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bassett is $656/month compared to $745/month in Elkton — a 12% difference. Home values follow the same pattern: Bassett is more affordable at $186,100 median vs $232,300.

Median household income in Bassett is $41,992 compared to $61,385 in Elkton (-31.6%). 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 Bassett spend roughly 18.7% of their income on rent, more than the 14.6% in Elkton.

Income & Cost

Cost of Living Index
Bassett
67
10% cheaper
Elkton
74
Median Household Income
Bassett
$41,992
Elkton
$61,385
32% higher

Housing

Median Rent
Bassett
$656
12% cheaper
Elkton
$745
Median Home Value
Bassett
$186,100
20% cheaper
Elkton
$232,300
Population
Bassett
1,020
Elkton
2,973

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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