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Big Stone Gap, VA vs Twin Lakes, VA

69
Big Stone Gap
Virginia
VS
-26.9%
94
Twin Lakes
Virginia

There is a significant gap in the cost of living between these two cities. Big Stone Gap is 26.9% cheaper than Twin Lakes. With a cost index of 69 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Big Stone Gap to Twin Lakes should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Big Stone Gap are $169,900 compared to $235,500 in Twin Lakes, a 28% gap.

Median household income in Big Stone Gap is $51,059 compared to $67,012 in Twin Lakes (-23.8%). The higher salaries in Twin Lakes partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Big Stone Gap
69
27% cheaper
Twin Lakes
94
Median Household Income
Big Stone Gap
$51,059
Twin Lakes
$67,012
24% higher

Housing

Median Rent
Big Stone Gap
$823
Twin Lakes
Median Home Value
Big Stone Gap
$169,900
28% cheaper
Twin Lakes
$235,500
Population
Big Stone Gap
5,193
Twin Lakes
1,794

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Big Stone Gap $2.90
Twin Lakes $2.98
US $3.07
🥚
Eggs (grade A, large)
Big Stone Gap $2.37
Twin Lakes $2.43
US $2.50
🥛
Milk (whole)
Big Stone Gap $3.81
Twin Lakes $3.91
US $4.03
🍞
Bread (white)
Big Stone Gap $1.75
Twin Lakes $1.80
US $1.85
🍗
Chicken breast
Big Stone Gap $3.92
Twin Lakes $4.02
US $4.14
Electricity
Big Stone Gap $0.15
Twin Lakes $0.17
US $0.19