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Cape Charles, VA vs Troutville, VA

109
Cape Charles
Virginia
VS
+25.6%
87
Troutville
Virginia

There is a significant gap in the cost of living between these two cities. Troutville is 25.6% cheaper than Cape Charles. With a cost index of 87 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Troutville to Cape Charles should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cape Charles is $840/month compared to $1,219/month in Troutville — a 31% difference. Interestingly, home values tell a different story: while Cape Charles has cheaper rent, Troutville actually has lower median home values ($215,600 vs $589,000).

Median household income in Cape Charles is $51,250 compared to $54,708 in Troutville (-6.3%). Troutville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cape Charles spend roughly 19.7% of their income on rent, less than the 26.7% in Troutville.

Income & Cost

Cost of Living Index
Cape Charles
109
Troutville
87
20% cheaper
Median Household Income
Cape Charles
$51,250
Troutville
$54,708
6% higher

Housing

Median Rent
Cape Charles
$840
31% cheaper
Troutville
$1,219
Median Home Value
Cape Charles
$589,000
Troutville
$215,600
63% cheaper
Population
Cape Charles
1,278
Troutville
451

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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