Columbia Furnace, VA vs Parksley, VA

Columbia Furnace is moderately more affordable than Parksley, with a 5% lower cost of living index. Columbia Furnace scores 74 compared to 78 for Parksley, where the US average is 100. This difference means residents of Parksley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Columbia Furnace is $670/month compared to $988/month in Parksley — a 32% difference. Interestingly, home values tell a different story: while Columbia Furnace has cheaper rent, Parksley actually has lower median home values ($160,400 vs $230,000).

Median household income in Columbia Furnace is $39,191 compared to $81,250 in Parksley (-51.8%). While Parksley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Columbia Furnace spend roughly 20.5% of their income on rent, more than the 14.6% in Parksley.