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Columbia Furnace, VA vs Grundy, VA

74
Columbia Furnace
Virginia
VS
+1.9%
73
Grundy
Virginia

Columbia Furnace, VA and Grundy, VA have a very similar cost of living, with only a 1.9% difference in their overall index. Columbia Furnace scores 74 while Grundy scores 73 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 Columbia Furnace is $670/month compared to $740/month in Grundy — a 10% difference. Interestingly, home values tell a different story: while Columbia Furnace has cheaper rent, Grundy actually has lower median home values ($187,000 vs $230,000).

Median household income in Columbia Furnace is $39,191 compared to $42,417 in Grundy (-7.6%). Grundy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Columbia Furnace spend roughly 20.5% of their income on rent, less than the 20.9% in Grundy.

Income & Cost

Cost of Living Index
Columbia Furnace
74
Grundy
73
2% cheaper
Median Household Income
Columbia Furnace
$39,191
Grundy
$42,417
8% higher

Housing

Median Rent
Columbia Furnace
$670
9% cheaper
Grundy
$740
Median Home Value
Columbia Furnace
$230,000
Grundy
$187,000
19% cheaper
Population
Columbia Furnace
266
Grundy
782

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