Grundy, VA vs New Market, VA

Grundy, VA and New Market, VA have a very similar cost of living, with only a 3.8% difference in their overall index. Grundy scores 73 while New Market scores 76 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 Grundy is $740/month compared to $745/month in New Market — a 1% difference. Home values follow the same pattern: Grundy is more affordable at $187,000 median vs $247,400.

Median household income in Grundy is $42,417 compared to $47,967 in New Market (-11.6%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grundy spend roughly 20.9% of their income on rent, more than the 18.6% in New Market.