Cherry Hill, VA vs Hollymead, VA

Cherry Hill, VA and Hollymead, VA have a very similar cost of living, with only a 3.1% difference in their overall index. Cherry Hill scores 133 while Hollymead scores 129 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 Cherry Hill is $1,853/month compared to $1,995/month in Hollymead — a 7% difference. Interestingly, home values tell a different story: while Cherry Hill has cheaper rent, Hollymead actually has lower median home values ($413,700 vs $470,400).

Median household income in Cherry Hill is $119,474 compared to $121,795 in Hollymead (-1.9%). Hollymead offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cherry Hill spend roughly 18.6% of their income on rent, less than the 19.7% in Hollymead.