Fredericksburg, VA vs Gloucester Point, VA

The cost of living difference between Fredericksburg, VA and Gloucester Point, VA is dramatic. Gloucester Point is 36.5% cheaper than Fredericksburg, a gap that translates to thousands of dollars per year in household expenses. Fredericksburg has a cost index of 122 while Gloucester Point sits at 90, 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 Fredericksburg is $1,521/month compared to $1,053/month in Gloucester Point — a 44% difference. Home values follow the same pattern: Gloucester Point is more affordable at $286,500 median vs $461,500.

Median household income in Fredericksburg is $85,368 compared to $71,589 in Gloucester Point (+19.2%). The higher salaries in Fredericksburg partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fredericksburg spend roughly 21.4% of their income on rent, more than the 17.7% in Gloucester Point.