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Bassett, VA vs Grottoes, VA

67
Bassett
Virginia
VS
-16.3%
80
Grottoes
Virginia

There is a significant gap in the cost of living between these two cities. Bassett is 16.3% cheaper than Grottoes. With a cost index of 67 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bassett to Grottoes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bassett is $656/month compared to $847/month in Grottoes — a 23% difference. Home values follow the same pattern: Bassett is more affordable at $186,100 median vs $267,500.

Median household income in Bassett is $41,992 compared to $84,508 in Grottoes (-50.3%). While Grottoes 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 12% in Grottoes.

Income & Cost

Cost of Living Index
Bassett
67
16% cheaper
Grottoes
80
Median Household Income
Bassett
$41,992
Grottoes
$84,508
50% higher

Housing

Median Rent
Bassett
$656
23% cheaper
Grottoes
$847
Median Home Value
Bassett
$186,100
30% cheaper
Grottoes
$267,500
Population
Bassett
1,020
Grottoes
2,926

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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