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Blacksburg, VA vs Hollins, VA

105
Blacksburg
Virginia
VS
+24.6%
84
Hollins
Virginia

There is a significant gap in the cost of living between these two cities. Hollins is 24.6% cheaper than Blacksburg. With a cost index of 84 vs 105, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hollins to Blacksburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Blacksburg is $1,290/month compared to $1,113/month in Hollins — a 16% difference. Home values follow the same pattern: Hollins is more affordable at $227,900 median vs $417,200.

Median household income in Blacksburg is $48,070 compared to $73,588 in Hollins (-34.7%). Hollins offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Blacksburg spend roughly 32.2% of their income on rent, more than the 18.1% in Hollins. The Hollins ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Blacksburg
105
Hollins
84
20% cheaper
Median Household Income
Blacksburg
$48,070
Hollins
$73,588
35% higher

Housing

Median Rent
Blacksburg
$1,290
Hollins
$1,113
14% cheaper
Median Home Value
Blacksburg
$417,200
Hollins
$227,900
45% cheaper
Population
Blacksburg
45,288
Hollins
17,005

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Blacksburg $2.98
Hollins $2.98
US $3.07
🥚
Eggs (grade A, large)
Blacksburg $2.43
Hollins $2.43
US $2.50
🥛
Milk (whole)
Blacksburg $3.91
Hollins $3.91
US $4.03
🍞
Bread (white)
Blacksburg $1.80
Hollins $1.80
US $1.85
🍗
Chicken breast
Blacksburg $4.02
Hollins $4.02
US $4.14
Electricity
Blacksburg $0.17
Hollins $0.17
US $0.19