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Grottoes, VA vs Montrose, VA

80
Grottoes
Virginia
VS
-7.4%
87
Montrose
Virginia

Grottoes is moderately more affordable than Montrose, with a 7.4% lower cost of living index. Grottoes scores 80 compared to 87 for Montrose, where the US average is 100. This difference means residents of Montrose can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grottoes is $847/month compared to $1,260/month in Montrose — a 33% difference. Interestingly, home values tell a different story: while Grottoes has cheaper rent, Montrose actually has lower median home values ($170,000 vs $267,500).

Median household income in Grottoes is $84,508 compared to $45,063 in Montrose (+87.5%). Grottoes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grottoes spend roughly 12% of their income on rent, less than the 33.6% in Montrose. The Grottoes ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Grottoes
80
7% cheaper
Montrose
87
Median Household Income
Grottoes
$84,508
47% higher
Montrose
$45,063

Housing

Median Rent
Grottoes
$847
33% cheaper
Montrose
$1,260
Median Home Value
Grottoes
$267,500
Montrose
$170,000
36% cheaper
Population
Grottoes
2,926
Montrose
8,624

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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