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Danville, VA vs Portsmouth, VA

68
Danville
Virginia
VS
-25.1%
91
Portsmouth
Virginia

There is a significant gap in the cost of living between these two cities. Danville is 25.1% cheaper than Portsmouth. With a cost index of 68 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Danville to Portsmouth should plan for substantially higher expenses across most categories.

On the housing front, median rent in Danville is $808/month compared to $1,266/month in Portsmouth — a 36% difference. Home values follow the same pattern: Danville is more affordable at $110,200 median vs $229,400.

Median household income in Danville is $42,778 compared to $58,972 in Portsmouth (-27.5%). While Portsmouth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Danville spend roughly 22.7% of their income on rent, less than the 25.8% in Portsmouth.

Income & Cost

Cost of Living Index
Danville
68
25% cheaper
Portsmouth
91
Median Household Income
Danville
$42,778
Portsmouth
$58,972
27% higher

Housing

Median Rent
Danville
$808
36% cheaper
Portsmouth
$1,266
Median Home Value
Danville
$110,200
52% cheaper
Portsmouth
$229,400
Population
Danville
42,239
Portsmouth
97,299

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Danville
Portsmouth $2.98
US $3.07
🥚
Eggs (grade A, large)
Danville
Portsmouth $2.43
US $2.50
🥛
Milk (whole)
Danville
Portsmouth $3.91
US $4.03
🍞
Bread (white)
Danville
Portsmouth $1.80
US $1.85
🍗
Chicken breast
Danville
Portsmouth $4.02
US $4.14
Electricity
Danville
Portsmouth $0.17
US $0.19