Lake Wilderness, VA vs Rio, VA

Lake Wilderness, VA and Rio, VA have a very similar cost of living, with only a 4.5% difference in their overall index. Lake Wilderness scores 118 while Rio scores 113 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.

Renters will find that Lake Wilderness has a median rent of $1,744/month while Rio comes in at $1,755/month, a 1% difference.

Median household income in Lake Wilderness is $115,781 compared to $65,703 in Rio (+76.2%). While Lake Wilderness is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Wilderness spend roughly 18.1% of their income on rent, less than the 32.1% in Rio. The Lake Wilderness ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.