Housing costs in Virginia Beach?
A typical home costs
$414,800, which is 22.7% more expensive than the national average of
$338,100 and 20.9% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Virginia Beach costs
$1,550 per month, which is 10.7% more than the national average of
$1,400 and 14.8% more than the state average of
$1,320.
Can I afford Virginia Beach?
To live comfortably in Virginia Beach (zip 23461), Virginia, a minimum annual income of
$79,560 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Virginia Beach?
The cost of living in 23461 Virginia Beach, VA is quite high. According to BestPlaces, the cost of basic groceries such as bread and milk is about 10% higher than the national average, while the cost of rent for a one-bedroom apartment in the city center is around 25% more expensive than the national average. Additionally, the median household income for residents of 23461 Virginia Beach, VA is slightly lower than the national median. Despite these figures, Virginia Beach remains a desirable place to live due to its beautiful beaches and variety of attractions.