Virginia Beach cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexVirginia BeachVirginiaNational
Cost of living110107100
IndexVirginia BeachVirginiaNational
Goods & Services9999100
Health care9197100

Key findings

  • The cost of living in Virginia Beach is 2% higher than the Virginia average
  • The cost of living in Virginia Beach is 10% higher than the national average
  • Virginia Beach housing is 39% higher than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 10% lower than the national average

Most Affordable Places to Live in and Around Virginia Beach

See all the best places to live around Virginia Beach
How would you rate the cost of living in Virginia Beach?
Write a review to give others more information about this area.
Is the cost of living increasing or decreasing in Virginia Beach?
Write a review to give others more information about this area.
See all Virginia Beach poll results

Compare Virginia Beach, VA Cost of Living To Other Cities


      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      A good way to judge both the affordability of the housing and the cost of living in Virginia Beach is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Virginia Beach has a median income of about $83,236 for people who own homes. Based on that number, a maximum of $1,942 should be spent on expenses related to housing. Renters have a slightly different median income, which is $48,771. Based on this average, renters should spend no more than $1,138 on all rental costs if they want to maintain a non-impoverished standard of living.

      Virginia Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Virginia Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemVirginia BeachNational avg.Difference
      Haircut $15.80$17.499.7%
      Beauty Salon $39.00$38.172.2%
      Toothpaste $2.28$2.321.8%
      Shampoo $0.91$1.0110.1%
      Movie $8.63$10.7219.5%
      Bowling $18.00$13.8629.9%


      ItemVirginia BeachNational avg.Difference
      Ground Beef $3.90$3.900.0%
      Fried Chicken $1.15$1.4017.6%
      Milk $1.76$1.9610.3%
      Potatoes $3.65$3.1814.7%
      Pizza $11.47$10.3910.4%
      Beer $9.96$9.237.9%

      Health Care

      ItemVirginia BeachNational avg.Difference
      Optometrist $95.00$106.3410.7%
      Doctor $75.00$115.2534.9%
      Dentist $104.00$98.385.7%
      Ibuprofen $8.61$9.267.0%
      Lipitor $475.75$466.472.0%


      ItemVirginia BeachNational avg.Difference
      Home Price $262,200.00$184,700.0042.0%
      Avg. Mortgage Payment $1,107.05$1,273.3213.1%
      Apartment Rent $1,258.00$949.0032.6%


      ItemVirginia BeachNational avg.Difference
      Gasoline $2.48$2.594.5%
      Tire Balancing $45.38$48.907.2%


      ItemVirginia BeachNational avg.Difference
      All Electricity$173.50$167.603.5%
      Phone $175.14$163.427.2%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Virginia Beach, VA449,73311010%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Colorado Springs, CO448,7591055%
      Atlanta, GA456,3781088%
      Omaha, NE443,07290-10%
      Raleigh, NC441,3261022%
      Miami, FL432,6221099%
      Virginia Beach, VA449,73311010%
      Source: The Virginia Beach, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.