Falmouth, VA vs Great Falls, VA

The cost of living difference between Falmouth, VA and Great Falls, VA is dramatic. Falmouth is 47.6% cheaper than Great Falls, a gap that translates to thousands of dollars per year in household expenses. Falmouth has a cost index of 133 while Great Falls sits at 253, 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 Falmouth is $1,972/month compared to $3,463/month in Great Falls — a 43% difference. Home values follow the same pattern: Falmouth is more affordable at $422,500 median vs $1,342,400.

Median household income in Falmouth is $125,305 compared to $250,001 in Great Falls (-49.9%). While Great Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Falmouth spend roughly 18.9% of their income on rent, more than the 16.6% in Great Falls.