Chincoteague, VA vs Glasgow, VA

The cost of living difference between Chincoteague, VA and Glasgow, VA is dramatic. Glasgow is 37.7% cheaper than Chincoteague, a gap that translates to thousands of dollars per year in household expenses. Chincoteague has a cost index of 95 while Glasgow sits at 69, 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 Chincoteague is $1,102/month compared to $814/month in Glasgow — a 35% difference. Home values follow the same pattern: Glasgow is more affordable at $117,100 median vs $329,200.

Median household income in Chincoteague is $62,292 compared to $50,625 in Glasgow (+23%). The higher salaries in Chincoteague partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chincoteague spend roughly 21.2% of their income on rent, more than the 19.3% in Glasgow.