Big Stone Gap, VA vs Raven, VA

Raven is moderately more affordable than Big Stone Gap, with a 8.3% lower cost of living index. Big Stone Gap scores 69 compared to 63 for Raven, where the US average is 100. This difference means residents of Big Stone Gap can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Big Stone Gap is $823/month compared to $700/month in Raven — a 18% difference. Home values follow the same pattern: Raven is more affordable at $87,900 median vs $169,900.

Median household income in Big Stone Gap is $51,059 compared to $36,063 in Raven (+41.6%). While Big Stone Gap is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Big Stone Gap spend roughly 19.3% of their income on rent, less than the 23.3% in Raven.