Virginia Beach, Virginia has an overall cost of living index of 97.7, which is 2.3 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,714 per month, while the typical home is valued around $382,500. Households earn a median of $92,968 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 45. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$92,968
Median Income / yr
Census ACS
$1,714
Median Rent / mo
Census ACS
$382,500
Median Home Value
Census ACS
97.7
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
97.7
Goods
97.1
Rents / Housing
97.7
Services
88.4
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $125,540 |
| Registered Nurse | $87,630 |
| Elementary Teacher | $69,150 |
| Electrician | $60,850 |
| Accountant | $85,780 |
| Plumber | $57,890 |
| Nurse Practitioner | $260,560 |
| Civil Engineer | $95,800 |
| Operations Manager | $120,370 |
| Market Research Analyst | $75,750 |
| Health Services Manager | $129,210 |
| Truck Driver | $51,360 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $131,120 |
Source: BLS OEWS 2023 (metro-level data)
Population
456,349
Latest estimate
Median Age
37.9 yrs
Census ACS
45.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
12
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,553
Per month
Avg Home Value
$374,822
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 23451 | — | $1,623 | $537,900 |
| ZIP 23452 | — | $1,458 | $296,200 |
| ZIP 23453 | — | $1,499 | $296,200 |
| ZIP 23454 | — | $1,548 | $370,800 |
| ZIP 23455 | — | $1,493 | $374,700 |
| ZIP 23456 | — | $1,962 | $425,400 |
| ZIP 23457 | — | $1,199 | $498,300 |
| ZIP 23459 | — | — | — |
| ZIP 23460 | — | — | — |
| ZIP 23461 | — | — | — |
Showing top 10 of 12 tracked neighborhoods.
January Avg
42°F
July Avg
81°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
32.0
poor
Hospitals
3
Doctors per 1,000
1.00
Insurance Coverage
93.7%
Virginia Beach has a Regional Price Parity (RPP) index of 97.7. The US national average is 100, so Virginia Beach is 2.3 points below the national average.
The median gross rent in Virginia Beach is $1,714 per month according to US Census ACS data.
The median household income in Virginia Beach is $92,968 per year.
The median home value in Virginia Beach is $382,500 based on the latest Census ACS survey.
Virginia Beach has an average Air Quality Index (AQI) of 45.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Virginia is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
