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Cedar Bluff, VA vs Chincoteague, VA

71
Cedar Bluff
Virginia
VS
-25.8%
95
Chincoteague
Virginia

There is a significant gap in the cost of living between these two cities. Cedar Bluff is 25.8% cheaper than Chincoteague. With a cost index of 71 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cedar Bluff to Chincoteague should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cedar Bluff is $848/month compared to $1,102/month in Chincoteague — a 23% difference. Home values follow the same pattern: Cedar Bluff is more affordable at $123,300 median vs $329,200.

Median household income in Cedar Bluff is $40,179 compared to $62,292 in Chincoteague (-35.5%). While Chincoteague is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedar Bluff spend roughly 25.3% of their income on rent, more than the 21.2% in Chincoteague.

Income & Cost

Cost of Living Index
Cedar Bluff
71
26% cheaper
Chincoteague
95
Median Household Income
Cedar Bluff
$40,179
Chincoteague
$62,292
35% higher

Housing

Median Rent
Cedar Bluff
$848
23% cheaper
Chincoteague
$1,102
Median Home Value
Cedar Bluff
$123,300
63% cheaper
Chincoteague
$329,200
Population
Cedar Bluff
1,156
Chincoteague
3,300

Salary Equivalency Calculator

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