Housing costs in Virginia Beach?
A typical home costs
$560,700, which is 65.8% more expensive than the national average of
$338,100 and 63.4% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Virginia Beach costs
$1,360 per month, which is 2.9% cheaper than the national average of
$1,400 and 2.9% more than the state average of
$1,320.
Can I afford Virginia Beach?
To live comfortably in Virginia Beach (zip 23457), Virginia, a minimum annual income of
$107,280 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Virginia Beach?
The cost of living in 23457 Virginia Beach, VA is relatively high compared to other parts of the country. The median home price in this area is $306,400, which is well above the national median. Renting an apartment can cost anywhere from $1,000-$2,500 per month, depending on the size and location. Groceries, transportation, and health care costs are all slightly more than average when compared to the rest of the United States. However, despite these higher costs of living, residents of 23457 Virginia Beach still enjoy a high quality of life thanks to its beautiful beaches and close proximity to the city.