Bassett, VA vs Pearisburg, VA

Bassett, VA and Pearisburg, VA have a very similar cost of living, with only a 3.7% difference in their overall index. Bassett scores 67 while Pearisburg scores 70 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 $815/month in Pearisburg — a 20% difference. Interestingly, home values tell a different story: while Bassett has cheaper rent, Pearisburg actually has lower median home values ($160,200 vs $186,100).

Median household income in Bassett is $41,992 compared to $72,924 in Pearisburg (-42.4%). While Pearisburg 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 13.4% in Pearisburg.