Bellwood, VA vs Elkton, VA

Elkton is moderately more affordable than Bellwood, with a 13.7% lower cost of living index. Bellwood scores 85 compared to 74 for Elkton, where the US average is 100. This difference means residents of Bellwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bellwood is $1,132/month compared to $745/month in Elkton — a 52% difference. Interestingly, home values tell a different story: while Elkton has cheaper rent, Bellwood actually has lower median home values ($192,600 vs $232,300).

Median household income in Bellwood is $50,172 compared to $61,385 in Elkton (-18.3%). Elkton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bellwood spend roughly 27.1% of their income on rent, more than the 14.6% in Elkton.