Penhook, VA vs West Point, VA

There is a significant gap in the cost of living between these two cities. West Point is 17.1% cheaper than Penhook. With a cost index of 95 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from West Point to Penhook should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Penhook are $476,500 compared to $256,600 in West Point, a 86% gap.

Median household income in Penhook is $99,176 compared to $83,475 in West Point (+18.8%). While Penhook is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.