Blacksburg, VA vs Hollins, VA
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.
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