Cost of Living in Virginia Beach, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.5
100 = national avg
+42.5 vs national average
Living Wage (1 Adult)
$62,695
per year
Living Wage (Family of 4)
$148,189
per year
Cost Index by Category
Housing179.9
Food119.3
Transportation110.3
Healthcare115.5
Utilities127.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,512
per month
2 Bedroom
$1,713
per month
The overall cost of living index in Virginia Beach is 142.5, which is 42.5% above the national average. Housing costs are above the national average at an index of 179.9. A single adult needs to earn approximately $62,695 per year to cover basic expenses.