Chincoteague, VA vs Mathews, VA

Mathews is moderately more affordable than Chincoteague, with a 7.3% lower cost of living index. Chincoteague scores 95 compared to 89 for Mathews, where the US average is 100. This difference means residents of Chincoteague can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Chincoteague are $329,200 compared to $178,600 in Mathews, a 84% gap.

Median household income in Chincoteague is $62,292 compared to $53,108 in Mathews (+17.3%). While Chincoteague is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.