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Ferrum, VA vs Sedley, VA

69
Ferrum
Virginia
VS
-26.4%
93
Sedley
Virginia

There is a significant gap in the cost of living between these two cities. Ferrum is 26.4% cheaper than Sedley. With a cost index of 69 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferrum to Sedley should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Ferrum are $202,500 compared to $222,400 in Sedley, a 9% gap.

Median household income in Ferrum is $31,750 compared to $90,229 in Sedley (-64.8%). While Sedley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Ferrum
69
26% cheaper
Sedley
93
Median Household Income
Ferrum
$31,750
Sedley
$90,229
65% higher

Housing

Median Rent
Ferrum
$662
Sedley
Median Home Value
Ferrum
$202,500
9% cheaper
Sedley
$222,400
Population
Ferrum
1,622
Sedley
597

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ferrum $2.98
Sedley
US $3.07
🥚
Eggs (grade A, large)
Ferrum $2.43
Sedley
US $2.50
🥛
Milk (whole)
Ferrum $3.91
Sedley
US $4.03
🍞
Bread (white)
Ferrum $1.80
Sedley
US $1.85
🍗
Chicken breast
Ferrum $4.02
Sedley
US $4.14
Electricity
Ferrum $0.17
Sedley
US $0.19