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Independence, VA vs Shenandoah, VA

68
Independence
Virginia
VS
-15.1%
80
Shenandoah
Virginia

There is a significant gap in the cost of living between these two cities. Independence is 15.1% cheaper than Shenandoah. With a cost index of 68 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Independence to Shenandoah should plan for substantially higher expenses across most categories.

On the housing front, median rent in Independence is $762/month compared to $1,036/month in Shenandoah — a 26% difference. Home values follow the same pattern: Independence is more affordable at $115,700 median vs $187,300.

Median household income in Independence is $36,250 compared to $68,594 in Shenandoah (-47.2%). While Shenandoah is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Independence spend roughly 25.2% of their income on rent, more than the 18.1% in Shenandoah.

Income & Cost

Cost of Living Index
Independence
68
15% cheaper
Shenandoah
80
Median Household Income
Independence
$36,250
Shenandoah
$68,594
47% higher

Housing

Median Rent
Independence
$762
26% cheaper
Shenandoah
$1,036
Median Home Value
Independence
$115,700
38% cheaper
Shenandoah
$187,300
Population
Independence
1,144
Shenandoah
3,131

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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