Housing costs in Virginia Beach?
A typical home costs
$329,700, which is 2.5% less expensive than the national average of
$338,100 and 3.9% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Virginia Beach costs
$1,480 per month, which is 5.7% more than the national average of
$1,400 and 10.8% more than the state average of
$1,320.
Can I afford Virginia Beach?
To live comfortably in Virginia Beach (zip 23464), Virginia, a minimum annual income of
$63,000 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Virginia Beach?
The cost of living in 23464 Virginia Beach, VA is relatively affordable compared to the national average. Prices for services and goods tend to be slightly lower than the United States’ median household income. The housing market is quite reasonable as well due to the fact that the majority of homes in the area are single-family dwellings. Renters can find 1 bedroom apartments for around $1,000, while a 3 bedroom houses can range from $1,500 up to $2,200 a month. Groceries and transportation costs are also generally lower than other states, making it a great place to live for those on a budget. Overall, Virginia Beach offers its residents an excellent quality of life at an affordable price.