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Fair Lakes, VA vs Grottoes, VA

156
Fair Lakes
Virginia
VS
+94.7%
80
Grottoes
Virginia

The cost of living difference between Fair Lakes, VA and Grottoes, VA is dramatic. Grottoes is 94.7% cheaper than Fair Lakes, a gap that translates to thousands of dollars per year in household expenses. Fair Lakes has a cost index of 156 while Grottoes sits at 80, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Fair Lakes is $2,325/month compared to $847/month in Grottoes — a 175% difference. Home values follow the same pattern: Grottoes is more affordable at $267,500 median vs $575,500.

Median household income in Fair Lakes is $130,789 compared to $84,508 in Grottoes (+54.8%). The higher salaries in Fair Lakes partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fair Lakes spend roughly 21.3% of their income on rent, more than the 12% in Grottoes.

Income & Cost

Cost of Living Index
Fair Lakes
156
Grottoes
80
49% cheaper
Median Household Income
Fair Lakes
$130,789
35% higher
Grottoes
$84,508

Housing

Median Rent
Fair Lakes
$2,325
Grottoes
$847
64% cheaper
Median Home Value
Fair Lakes
$575,500
Grottoes
$267,500
54% cheaper
Population
Fair Lakes
8,617
Grottoes
2,926

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fair Lakes $3.26
Grottoes $2.98
US $3.07
🥚
Eggs (grade A, large)
Fair Lakes $2.66
Grottoes $2.43
US $2.50
🥛
Milk (whole)
Fair Lakes $4.28
Grottoes $3.91
US $4.03
🍞
Bread (white)
Fair Lakes $1.97
Grottoes $1.80
US $1.85
🍗
Chicken breast
Fair Lakes $4.41
Grottoes $4.02
US $4.14
Electricity
Fair Lakes $0.20
Grottoes $0.17
US $0.19