Colonial Beach, VA vs Gloucester Point, VA

Colonial Beach is moderately more affordable than Gloucester Point, with a 13% lower cost of living index. Colonial Beach scores 78 compared to 90 for Gloucester Point, where the US average is 100. This difference means residents of Gloucester Point can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colonial Beach is $763/month compared to $1,053/month in Gloucester Point — a 28% difference. Home values follow the same pattern: Colonial Beach is more affordable at $242,800 median vs $286,500.

Median household income in Colonial Beach is $52,119 compared to $71,589 in Gloucester Point (-27.2%). While Gloucester Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colonial Beach spend roughly 17.6% of their income on rent, less than the 17.7% in Gloucester Point.