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Cave Spring, VA vs Lake Barcroft, VA

93
Cave Spring
Virginia
VS
-43.7%
166
Lake Barcroft
Virginia

The cost of living difference between Cave Spring, VA and Lake Barcroft, VA is dramatic. Cave Spring is 43.7% cheaper than Lake Barcroft, a gap that translates to thousands of dollars per year in household expenses. Cave Spring has a cost index of 93 while Lake Barcroft sits at 166, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cave Spring is $1,224/month compared to $1,914/month in Lake Barcroft — a 36% difference. Home values follow the same pattern: Cave Spring is more affordable at $296,700 median vs $848,200.

Median household income in Cave Spring is $85,314 compared to $143,796 in Lake Barcroft (-40.7%). The higher salaries in Lake Barcroft partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cave Spring spend roughly 17.2% of their income on rent, more than the 16% in Lake Barcroft.

Income & Cost

Cost of Living Index
Cave Spring
93
44% cheaper
Lake Barcroft
166
Median Household Income
Cave Spring
$85,314
Lake Barcroft
$143,796
41% higher

Housing

Median Rent
Cave Spring
$1,224
36% cheaper
Lake Barcroft
$1,914
Median Home Value
Cave Spring
$296,700
65% cheaper
Lake Barcroft
$848,200
Population
Cave Spring
26,014
Lake Barcroft
10,678

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cave Spring $2.98
Lake Barcroft $3.26
US $3.07
🥚
Eggs (grade A, large)
Cave Spring $2.43
Lake Barcroft $2.66
US $2.50
🥛
Milk (whole)
Cave Spring $3.91
Lake Barcroft $4.28
US $4.03
🍞
Bread (white)
Cave Spring $1.80
Lake Barcroft $1.97
US $1.85
🍗
Chicken breast
Cave Spring $4.02
Lake Barcroft $4.41
US $4.14
Electricity
Cave Spring $0.17
Lake Barcroft $0.20
US $0.19