Cost of Living in Virginia Beach, VA

Virginia Beach has a cost of living index of 102 (100 = national average), making it close to the national average. The median household income is $79,162 and the median home price is $350,000.

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Virginia Beach at a Glance

Population

459,470

Cost of Living Index

102

Median Income

$79,162

Median Home Price

$350,000

Property Tax Rate

0.79%

Sales Tax Rate

6.00%

Rent Index

102

State

Virginia

Living in Virginia Beach

Virginia Beach has a cost of living slightly above the national average. While housing at $350,000 is a significant expense, the area offers a balance between cost and quality of life.

The combined sales tax rate in Virginia Beach is 6.00%, and the effective property tax rate is 0.79%. Property taxes are relatively low compared to the national average.

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