Housing costs in Virginia Beach?
A typical home costs
$415,900, which is 23.0% more expensive than the national average of
$338,100 and 21.2% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Virginia Beach costs
$1,940 per month, which is 38.6% more than the national average of
$1,400 and 32.0% more than the state average of
$1,320.
Can I afford Virginia Beach?
To live comfortably in Virginia Beach (zip 23459), Virginia, a minimum annual income of
$79,560 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Virginia Beach?
The cost of living in 23459 Virginia Beach, VA is considered to be slightly above average compared to other areas in the United States. The median home price is around $260,000 which is higher than the national median home price of $229,700. Groceries and transportation costs are also slightly higher than the national average, while healthcare costs are about the same. Additionally, taxes in Virginia Beach are higher than many other states due to the state income tax and sales tax rate. Despite the higher cost of living, Virginia Beach still offers affordable housing options and plenty of recreational activities for its residents.