Falmouth, VA vs Groveton, VA

Falmouth is moderately more affordable than Groveton, with a 5.5% lower cost of living index. Falmouth scores 133 compared to 140 for Groveton, where the US average is 100. This difference means residents of Groveton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Falmouth is $1,972/month compared to $1,829/month in Groveton — a 8% difference. Interestingly, home values tell a different story: while Groveton has cheaper rent, Falmouth actually has lower median home values ($422,500 vs $568,900).

Median household income in Falmouth is $125,305 compared to $109,665 in Groveton (+14.3%). Falmouth offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Falmouth spend roughly 18.9% of their income on rent, less than the 20% in Groveton.