Falmouth, VA vs Newington, VA

There is a significant gap in the cost of living between these two cities. Falmouth is 19.6% cheaper than Newington. With a cost index of 133 vs 165, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Falmouth to Newington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Falmouth is $1,972/month compared to $2,662/month in Newington — a 26% difference. Home values follow the same pattern: Falmouth is more affordable at $422,500 median vs $560,900.

Median household income in Falmouth is $125,305 compared to $146,681 in Newington (-14.6%). The higher salaries in Newington partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Falmouth spend roughly 18.9% of their income on rent, less than the 21.8% in Newington.