Bassett, VA vs Hillsville, VA

Bassett, VA and Hillsville, VA have a very similar cost of living, with only a 0.5% difference in their overall index. Bassett scores 67 while Hillsville scores 67 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 Bassett is $656/month compared to $691/month in Hillsville — a 5% difference. Interestingly, home values tell a different story: while Bassett has cheaper rent, Hillsville actually has lower median home values ($132,600 vs $186,100).

Median household income in Bassett is $41,992 compared to $62,861 in Hillsville (-33.2%). Hillsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bassett spend roughly 18.7% of their income on rent, more than the 13.2% in Hillsville.