Bedford, VA vs Colonial Heights, VA
There is a significant gap in the cost of living between these two cities. Bedford is 16.5% cheaper than Colonial Heights. With a cost index of 74 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bedford to Colonial Heights should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bedford is $876/month compared to $1,162/month in Colonial Heights — a 25% difference. Home values follow the same pattern: Bedford is more affordable at $192,600 median vs $231,700.
Median household income in Bedford is $47,697 compared to $76,250 in Colonial Heights (-37.4%). While Colonial Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 22% of their income on rent, more than the 18.3% in Colonial Heights.
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