Chincoteague, VA vs Purcellville, VA

The cost of living difference between Chincoteague, VA and Purcellville, VA is dramatic. Chincoteague is 36.6% cheaper than Purcellville, a gap that translates to thousands of dollars per year in household expenses. Chincoteague has a cost index of 95 while Purcellville sits at 150, 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 $2,086/month in Purcellville — a 47% difference. Home values follow the same pattern: Chincoteague is more affordable at $329,200 median vs $594,000.

Median household income in Chincoteague is $62,292 compared to $162,981 in Purcellville (-61.8%). While Purcellville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chincoteague spend roughly 21.2% of their income on rent, more than the 15.4% in Purcellville.