Home / Compare / Laurel Park vs Newsoms

Laurel Park, VA vs Newsoms, VA

83
Laurel Park
Virginia
VS
+5.5%
79
Newsoms
Virginia

Newsoms is moderately more affordable than Laurel Park, with a 5.5% lower cost of living index. Laurel Park scores 83 compared to 79 for Newsoms, where the US average is 100. This difference means residents of Laurel Park can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Laurel Park are $139,500 compared to $151,700 in Newsoms, a 8% gap.

Median household income in Laurel Park is $38,621 compared to $52,639 in Newsoms (-26.6%). Newsoms offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Laurel Park
83
Newsoms
79
5% cheaper
Median Household Income
Laurel Park
$38,621
Newsoms
$52,639
27% higher

Housing

Median Rent
Laurel Park
Newsoms
$1,042
Median Home Value
Laurel Park
$139,500
8% cheaper
Newsoms
$151,700
Population
Laurel Park
843
Newsoms
296

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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