City Comparison

Roanoke vs Springfield

Cost of Living Comparison · 2026

Roanoke

Virginia
81
Very Affordable
$225,000
Median Home
$1,075/mo
Median Rent
$52,700
Median Income

Springfield

Massachusetts
107
Above Average
$230,000
Median Home
$1,200/mo
Median Rent
$41,612
Median Income

The Verdict

24.3%

Roanoke is 24.3% less expensive than Springfield overall. A household earning $75,000 in Roanoke would need approximately $99,074 in Springfield to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
57
Roanoke
106
Springfield
Groceries
97
Roanoke
104
Springfield
Utilities
116
Roanoke
119
Springfield
Transportation
98
Roanoke
101
Springfield
Healthcare
91
Roanoke
114
Springfield

Salary Equivalence

A $75,000 salary in Roanoke has the same purchasing power as $99,074 in Springfield.

Conversely, $75,000 in Springfield equals $56,776 in Roanoke.

Living in Roanoke vs Springfield

Housing Costs

Roanoke's housing index of 57 is lower Springfield's 106, translating to median home prices of $225,000 vs $230,000. The $5,000 difference in home prices means roughly $324 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Roanoke compared to $1,200/mo in Springfield, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 97 in Roanoke and 104 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $461/month in Roanoke vs $494/month in Springfield. Roanoke offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 116 in Roanoke and 119 in Springfield. Monthly utility bills average approximately $464 in Roanoke vs $476 in Springfield. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Roanoke and 114 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 23-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $52,700 in Roanoke and $41,612 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $65,062 and $38,890 respectively. Roanoke residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,230/month to housing in Roanoke vs $971/month in Springfield. In Roanoke, median rent of $1,075/mo fits within this budget. In Springfield, median rent of $1,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 49 index points — focus your budget analysis there.

Frequently Asked Questions

Roanoke is 24.3% more affordable overall with an index of 81 vs 107.
A $75,000 salary in Roanoke has equivalent purchasing power to approximately $99,074 in Springfield, based on the cost of living difference.
Roanoke's housing index is 57 with median homes at $225,000, while Springfield's is 106 with median homes at $230,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases