Castlewood, VA vs New River, VA

There is a significant gap in the cost of living between these two cities. Castlewood is 15.3% cheaper than New River. With a cost index of 71 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Castlewood to New River should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Castlewood are $163,300 compared to $143,500 in New River, a 14% gap.

Median household income in Castlewood is $58,958 compared to $39,196 in New River (+50.4%). Castlewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.