Laurel Hill, VA vs Sully Square, VA
Laurel Hill, VA and Sully Square, VA have a very similar cost of living, with only a 2.6% difference in their overall index. Laurel Hill scores 160 while Sully Square scores 165 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 Laurel Hill is $2,335/month compared to $2,253/month in Sully Square — a 4% difference. Interestingly, home values tell a different story: while Sully Square has cheaper rent, Laurel Hill actually has lower median home values ($625,900 vs $709,400).
Median household income in Laurel Hill is $139,803 compared to $210,746 in Sully Square (-33.7%). While Sully Square is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laurel Hill spend roughly 20% of their income on rent, more than the 12.8% in Sully Square.
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