Chatham, VA vs Loch Lomond, VA

The cost of living difference between Chatham, VA and Loch Lomond, VA is dramatic. Chatham is 42.9% cheaper than Loch Lomond, a gap that translates to thousands of dollars per year in household expenses. Chatham has a cost index of 80 while Loch Lomond sits at 140, 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 Chatham is $1,028/month compared to $2,234/month in Loch Lomond — a 54% difference. Home values follow the same pattern: Chatham is more affordable at $168,100 median vs $412,900.

Median household income in Chatham is $54,485 compared to $109,873 in Loch Lomond (-50.4%). While Loch Lomond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chatham spend roughly 22.6% of their income on rent, less than the 24.4% in Loch Lomond.