Cave Spring, VA vs Gloucester Point, VA

Cave Spring, VA and Gloucester Point, VA have a very similar cost of living, with only a 4.2% difference in their overall index. Cave Spring scores 93 while Gloucester Point scores 90 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cave Spring is $1,224/month compared to $1,053/month in Gloucester Point — a 16% difference. Home values follow the same pattern: Gloucester Point is more affordable at $286,500 median vs $296,700.

Median household income in Cave Spring is $85,314 compared to $71,589 in Gloucester Point (+19.2%). While Cave Spring is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cave Spring spend roughly 17.2% of their income on rent, less than the 17.7% in Gloucester Point.