Gloucester Courthouse, VA vs Penhook, VA

There is a significant gap in the cost of living between these two cities. Gloucester Courthouse is 15.3% cheaper than Penhook. With a cost index of 94 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gloucester Courthouse to Penhook should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Gloucester Courthouse are $342,000 compared to $476,500 in Penhook, a 28% gap.

Median household income in Gloucester Courthouse is $88,493 compared to $99,176 in Penhook (-10.8%). The higher salaries in Penhook partially offset the cost difference, but don't fully close the gap.