Norfolk, VA Cost of Living

41 Reviews

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Norfolk cost of living score
Less expensive
8.6% lower
than the US average
12.3% lower
than the Virginia average
Norfolk, Virginia gets a BestPlaces Cost of Living score of 91.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.6% lower than the U.S. average and 12.3% lower than the average for Virginia.

Norfolk, VA

Housing costs in Norfolk?
A typical home costs $271,500, which is 19.7% less expensive than the national average of $338,100 and 20.9% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Norfolk costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 8.5% cheaper than the state average of $1,400.

Can I afford Norfolk?
To live comfortably in Norfolk, Virginia, a minimum annual income of $52,200 for a family, and $44,400 for a single person is recommended.

What does A.I. say about Norfolk?
Norfolk, Virginia is quickly becoming one of America's premier destinations for those looking for excellent quality-of-life without spending too much. Homeowners can select among various housing choices ranging from affordable single family homes to luxury apartments - while renters also have access to lots of great deals nowadays as well. In addition, food and transportation costs are much lower than other major US cities - giving you more value for your dollar if you decide on Norfolk as your home.
   Cost of living score
     CategoriesNorfolkVirginiaUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Norfolk
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I've lived in Norfolk for most of my life, and I love it here. I love the maker scene, and the new breweries. The arts scene, especially the theater side is always  More

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Over 6 years ago

I have lived in Norfolk VA for 11 months and,I cant wait to leave.It is full of crime ,homeless and undeveloped city.Public transportation is terrible and its wet and  More

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Over 6 years ago

I was born in Norfolk, and lived in Norfolk and Virginia Beach until my early 20s. Here are 10 things that are 100% true about Norfolk you may have heard before: 1) It's  More

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