Marshall, VA vs University of Virginia, VA
There is a significant gap in the cost of living between these two cities. University of Virginia is 17.9% cheaper than Marshall. With a cost index of 111 vs 131, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from University of Virginia to Marshall should plan for substantially higher expenses across most categories.
On the housing front, median rent in Marshall is $1,947/month compared to $1,385/month in University of Virginia — a 41% difference. Interestingly, home values tell a different story: while University of Virginia has cheaper rent, Marshall actually has lower median home values ($411,700 vs $422,200).
Median household income in Marshall is $98,702 compared to $44,635 in University of Virginia (+121.1%). While Marshall is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Marshall spend roughly 23.7% of their income on rent, less than the 37.2% in University of Virginia. The Marshall ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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