Colonial Beach, VA vs Madison Heights, VA

Madison Heights is moderately more affordable than Colonial Beach, with a 8.9% lower cost of living index. Colonial Beach scores 78 compared to 72 for Madison Heights, 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 $826/month in Madison Heights — a 8% difference. Interestingly, home values tell a different story: while Colonial Beach has cheaper rent, Madison Heights actually has lower median home values ($181,300 vs $242,800).

Median household income in Colonial Beach is $52,119 compared to $62,727 in Madison Heights (-16.9%). Madison Heights 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 15.8% in Madison Heights.