Fort Chiswell, VA vs New Market, VA

New Market is moderately more affordable than Fort Chiswell, with a 5.3% lower cost of living index. Fort Chiswell scores 80 compared to 76 for New Market, where the US average is 100. This difference means residents of Fort Chiswell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fort Chiswell is $955/month compared to $745/month in New Market — a 28% difference. Interestingly, home values tell a different story: while New Market has cheaper rent, Fort Chiswell actually has lower median home values ($191,700 vs $247,400).

Median household income in Fort Chiswell is $85,147 compared to $47,967 in New Market (+77.5%). While Fort Chiswell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fort Chiswell spend roughly 13.5% of their income on rent, less than the 18.6% in New Market.