What is a pro or con of living in Lake of the Woods, Virginiacompared to Lake Monticello, Virginia?

Median Home Cost is 23% more expensive in Lake of the Woods.

What salary do I need to live in Lake of the Woods, Virginia copmared to Lake Monticello, Virginia?

A salary of $50,000 in Lake Monticello, Virginia should increase to $53,065 in Lake of the Woods, Virginia (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

LAKE MONTICELLO vs. LAKE OF THE WOODS
Cost of Living Comparison

Lake Monticello, Virginia vs. Lake of the Woods, Virginia

Cost of Living Comparison

The cost of living in Lake of the Woods, Virginia is 6.1% more expensive than Lake Monticello, Virginia.

You would need a salary of $53,065 in Lake of the Woods, Virginia to maintain the standard of living you have in Lake Monticello, Virginia.

Comparison highlights

• Overall, Lake of the Woods, Virginia is more expensive than Lake Monticello, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
23% more expensive in Lake of the Woods
than in Lake Monticello, Virginia

Lake Monticello, VA vs. Lake Of The Woods, VA

Compared to Lake Monticello, Lake Of The Woods is:

Homeowner

No Child Care, Taxes not Considered

6.1% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

1.7% higher

Housing (Homeowner)

20.0% higher

Housing (Rent)

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Median Home Cost

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Utilities

2.5% lower

Commute

3.0% higher

Health

3.1% lower

Taxes

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Childcare

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Personal

0.7% higher

Cost of Food

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Lake Monticello, Virginia vs. Lake of the Woods, Virginia

Cost of Living Comparison

Comparison highlights

Lake Monticello, VA vs. Lake Of The Woods, VA

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