Bedford, VA vs Woodlawn CDP (Carroll County), VA

There is a significant gap in the cost of living between these two cities. Woodlawn CDP (Carroll County) is 15.5% cheaper than Bedford. With a cost index of 64 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Woodlawn CDP (Carroll County) to Bedford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bedford is $876/month compared to $571/month in Woodlawn CDP (Carroll County) — a 53% difference. Home values follow the same pattern: Woodlawn CDP (Carroll County) is more affordable at $144,700 median vs $192,600.

Median household income in Bedford is $47,697 compared to $89,375 in Woodlawn CDP (Carroll County) (-46.6%). Woodlawn CDP (Carroll County) offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bedford spend roughly 22% of their income on rent, more than the 7.7% in Woodlawn CDP (Carroll County).