Cost of Living in Virginia Beach, VA
2024 data from the Bureau of Economic Analysis
Cost Index
97.9
2.1% below avg
Housing Index
99.8
Median Income
$77,082
Median Rent
$1,341/mo
Cost Breakdown
Overall97.9 (-2.1%)
Housing99.8 (-0.2%)
Goods96.8 (-3.2%)
Utilities89.6 (-10.4%)
Other Services98.6 (-1.4%)
National average = 100
Income & Housing
Median Household Income
$77,082/year
Median Home Value
$295,900
Median Monthly Rent
$1,341/mo
Per Capita Income
$40,857/year
Compare Virginia Beach, VA With
Virginia Beach, VA vs Hilton Head Island, SCVirginia Beach, VA vs Richmond, VAVirginia Beach, VA vs Austin, TXVirginia Beach, VA vs Grants Pass, ORVirginia Beach, VA vs Carson City, NVVirginia Beach, VA vs Raleigh, NCVirginia Beach, VA vs Pensacola, FLVirginia Beach, VA vs Provo, UTVirginia Beach, VA vs Prescott Valley, AZVirginia Beach, VA vs Lancaster, PA
Frequently Asked Questions
Is Virginia Beach, VA expensive to live in?
Virginia Beach, VA has a cost of living index of 97.9, which is 2.1% below the national average.
How much does housing cost in Virginia Beach, VA?
Housing costs in Virginia Beach, VA are indexed at 99.8 compared to the national average of 100. The median monthly rent is $1,341.
What is the average income in Virginia Beach, VA?
The median household income in Virginia Beach, VA is $77,082 per year.
What is the average home price in Virginia Beach, VA?
The median home value in Virginia Beach, VA is $295,900.