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Damascus, VA vs New Market, VA

67
Damascus
Virginia
VS
-11.9%
76
New Market
Virginia

Damascus is moderately more affordable than New Market, with a 11.9% lower cost of living index. Damascus scores 67 compared to 76 for New Market, where the US average is 100. This difference means residents of New Market can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Damascus is $713/month compared to $745/month in New Market — a 4% difference. Home values follow the same pattern: Damascus is more affordable at $186,300 median vs $247,400.

Median household income in Damascus is $33,173 compared to $47,967 in New Market (-30.8%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Damascus spend roughly 25.8% of their income on rent, more than the 18.6% in New Market.

Income & Cost

Cost of Living Index
Damascus
67
12% cheaper
New Market
76
Median Household Income
Damascus
$33,173
New Market
$47,967
31% higher

Housing

Median Rent
Damascus
$713
4% cheaper
New Market
$745
Median Home Value
Damascus
$186,300
25% cheaper
New Market
$247,400
Population
Damascus
766
New Market
2,159

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Damascus $2.90
New Market $2.98
US $3.07
🥚
Eggs (grade A, large)
Damascus $2.37
New Market $2.43
US $2.50
🥛
Milk (whole)
Damascus $3.81
New Market $3.91
US $4.03
🍞
Bread (white)
Damascus $1.75
New Market $1.80
US $1.85
🍗
Chicken breast
Damascus $3.92
New Market $4.02
US $4.14
Electricity
Damascus $0.15
New Market $0.17
US $0.19