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Fair Oaks, VA vs Groveton, VA

154
Fair Oaks
Virginia
VS
+9.6%
140
Groveton
Virginia

Groveton is moderately more affordable than Fair Oaks, with a 9.6% lower cost of living index. Fair Oaks scores 154 compared to 140 for Groveton, where the US average is 100. This difference means residents of Fair Oaks can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fair Oaks is $2,242/month compared to $1,829/month in Groveton — a 23% difference. Home values follow the same pattern: Groveton is more affordable at $568,900 median vs $580,500.

Median household income in Fair Oaks is $119,387 compared to $109,665 in Groveton (+8.9%). The higher salaries in Fair Oaks partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fair Oaks spend roughly 22.5% of their income on rent, more than the 20% in Groveton.

Income & Cost

Cost of Living Index
Fair Oaks
154
Groveton
140
9% cheaper
Median Household Income
Fair Oaks
$119,387
8% higher
Groveton
$109,665

Housing

Median Rent
Fair Oaks
$2,242
Groveton
$1,829
18% cheaper
Median Home Value
Fair Oaks
$580,500
Groveton
$568,900
2% cheaper
Population
Fair Oaks
35,472
Groveton
13,563

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fair Oaks $3.26
Groveton $3.26
US $3.07
🥚
Eggs (grade A, large)
Fair Oaks $2.66
Groveton $2.66
US $2.50
🥛
Milk (whole)
Fair Oaks $4.28
Groveton $4.28
US $4.03
🍞
Bread (white)
Fair Oaks $1.97
Groveton $1.97
US $1.85
🍗
Chicken breast
Fair Oaks $4.41
Groveton $4.41
US $4.14
Electricity
Fair Oaks $0.20
Groveton $0.20
US $0.19