New River, VA vs Pembroke, VA

There is a significant gap in the cost of living between these two cities. Pembroke is 24.1% cheaper than New River. With a cost index of 67 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pembroke to New River should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in New River are $143,500 compared to $132,000 in Pembroke, a 9% gap.

Median household income in New River is $39,196 compared to $57,841 in Pembroke (-32.2%). Pembroke offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.