Housing costs in Virginia Beach City?
A typical home costs
$347,200, which is 2.7% more expensive than the national average of
$338,100 and 1.2% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Virginia Beach City costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 5.3% cheaper than the state average of
$1,400.
Can I afford Virginia Beach City?
To live comfortably in Virginia Beach City Virgi County, Virginia, a minimum annual income of
$66,600 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Virginia Beach City?
Virginia Beach city, VA County has a cost of living that is higher than the US average. The Cost of Living in Virginia Beach city, VA County is 104.8 compared to the US average of 100. This indicates that the cost of housing, goods and services are more expensive in Virginia Beach than in other parts of the country. Despite this higher cost of living, it comes with a median house value of $347200, which is slightly higher than the US average of $338,100. Thus, while Virginia Beach may be more expensive to live in than other areas, it still offers a good value due to its reasonable housing costs.