Cost of Living in Virginia Beach-Norfolk-Newport News Metro Area, Virginia

The cost of living in the Virginia Beach-Norfolk-Newport News, VA Metro Area is slightly lower than the US average. According to figures from the US Bureau of Economic Analysis, the area has a cost of living index of 99.1 compared to the national index of 100. This, combined with median house values that are more affordable than the US average, paints an attractive picture for those looking to move to this area. The median value for a house in this metropolitan area is $316,500, which is significantly less than the US average of $338,100.

Our cost of living indices are based on a US average of 100. An amount below 100 means Virginia Beach-Norfolk-Newport News Metro Area is cheaper than the US average. A cost of living index above 100 means Virginia Beach-Norfolk-Newport News Metro Area, Virginia is more expensive.

Virginia Beach-Norfolk-Newport News Metro Area cost of living is 99.1