Parksley, VA vs Stephens City, VA

There is a significant gap in the cost of living between these two cities. Parksley is 16.1% cheaper than Stephens City. With a cost index of 78 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parksley to Stephens City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Parksley is $988/month compared to $1,200/month in Stephens City — a 18% difference. Home values follow the same pattern: Parksley is more affordable at $160,400 median vs $287,600.

Median household income in Parksley is $81,250 compared to $94,250 in Stephens City (-13.8%). The higher salaries in Stephens City partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Parksley spend roughly 14.6% of their income on rent, less than the 15.3% in Stephens City.