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Colonial Beach, VA vs Halifax, VA

78
Colonial Beach
Virginia
VS
+6.5%
73
Halifax
Virginia

Halifax is moderately more affordable than Colonial Beach, with a 6.5% lower cost of living index. Colonial Beach scores 78 compared to 73 for Halifax, where the US average is 100. This difference means residents of Colonial Beach 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 $692/month in Halifax — a 10% difference. Home values follow the same pattern: Halifax is more affordable at $210,900 median vs $242,800.

Median household income in Colonial Beach is $52,119 compared to $56,111 in Halifax (-7.1%). Halifax offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colonial Beach spend roughly 17.6% of their income on rent, more than the 14.8% in Halifax.

Income & Cost

Cost of Living Index
Colonial Beach
78
Halifax
73
6% cheaper
Median Household Income
Colonial Beach
$52,119
Halifax
$56,111
7% higher

Housing

Median Rent
Colonial Beach
$763
Halifax
$692
9% cheaper
Median Home Value
Colonial Beach
$242,800
Halifax
$210,900
13% cheaper
Population
Colonial Beach
3,930
Halifax
1,348

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