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Buchanan, VA vs Norton, VA

77
Buchanan
Virginia
VS
+20.7%
64
Norton
Virginia

There is a significant gap in the cost of living between these two cities. Norton is 20.7% cheaper than Buchanan. With a cost index of 64 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Norton to Buchanan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Buchanan is $929/month compared to $670/month in Norton — a 39% difference. Home values follow the same pattern: Norton is more affordable at $100,700 median vs $201,900.

Median household income in Buchanan is $52,474 compared to $38,497 in Norton (+36.3%). While Buchanan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buchanan spend roughly 21.2% of their income on rent, more than the 20.9% in Norton.

Income & Cost

Cost of Living Index
Buchanan
77
Norton
64
17% cheaper
Median Household Income
Buchanan
$52,474
27% higher
Norton
$38,497

Housing

Median Rent
Buchanan
$929
Norton
$670
28% cheaper
Median Home Value
Buchanan
$201,900
Norton
$100,700
50% cheaper
Population
Buchanan
1,271
Norton
3,620

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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