Louisa, VA vs Parksley, VA

There is a significant gap in the cost of living between these two cities. Parksley is 24.1% cheaper than Louisa. With a cost index of 78 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parksley to Louisa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Louisa is $1,225/month compared to $988/month in Parksley — a 24% difference. Home values follow the same pattern: Parksley is more affordable at $160,400 median vs $308,200.

Median household income in Louisa is $55,202 compared to $81,250 in Parksley (-32.1%). Parksley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Louisa spend roughly 26.6% of their income on rent, more than the 14.6% in Parksley.