Housing costs in Virginia Beach?
A typical home costs
$386,800, which is 14.4% more expensive than the national average of
$338,100 and 12.7% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Virginia Beach costs
$1,590 per month, which is 13.6% more than the national average of
$1,400 and 17.0% more than the state average of
$1,320.
Can I afford Virginia Beach?
To live comfortably in Virginia Beach (zip 23455), Virginia, a minimum annual income of
$74,160 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Virginia Beach?
The cost of living in 23455 Virginia Beach, VA is relatively high compared to the national average. According to BestPlaces, the median home cost in 23455 Virginia Beach is $365,800 which is much higher than the national average of $231,200. The overall cost of living index for this area is 124.4 which means it's 24.4% higher than the U.S. average. Additionally, utility costs are typically expensive and taxes are among some of the highest in the nation. All these factors contribute to making living in Virginia Beach more costly but also a great place to call home with its vibrant culture and beautiful beaches.