Fredericksburg, VA vs Yorkshire, VA

Fredericksburg, VA and Yorkshire, VA have a very similar cost of living, with only a 2.2% difference in their overall index. Fredericksburg scores 122 while Yorkshire scores 125 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fredericksburg is $1,521/month compared to $1,713/month in Yorkshire — a 11% difference. Interestingly, home values tell a different story: while Fredericksburg has cheaper rent, Yorkshire actually has lower median home values ($424,100 vs $461,500).

Median household income in Fredericksburg is $85,368 compared to $107,283 in Yorkshire (-20.4%). While Yorkshire is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fredericksburg spend roughly 21.4% of their income on rent, more than the 19.2% in Yorkshire.