Belmont, VA vs Fairfax, VA

There is a significant gap in the cost of living between these two cities. Fairfax is 20.7% cheaper than Belmont. With a cost index of 158 vs 191, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairfax to Belmont should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belmont is $2,853/month compared to $2,122/month in Fairfax — a 34% difference. Home values follow the same pattern: Fairfax is more affordable at $677,400 median vs $807,100.

Median household income in Belmont is $232,879 compared to $132,774 in Fairfax (+75.4%). While Belmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belmont spend roughly 14.7% of their income on rent, less than the 19.2% in Fairfax.