Claremont, VA vs Wakefield, VA

Claremont, VA and Wakefield, VA have a very similar cost of living, with only a 3.5% difference in their overall index. Claremont scores 79 while Wakefield scores 76 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 Claremont is $971/month compared to $959/month in Wakefield — a 1% difference. Home values follow the same pattern: Wakefield is more affordable at $155,600 median vs $186,700.

Median household income in Claremont is $51,667 compared to $56,250 in Wakefield (-8.1%). Wakefield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Claremont spend roughly 22.6% of their income on rent, more than the 20.5% in Wakefield.