​​Cost of Living

The  cost of living in Virginia Beach is ​well below that of other metropolitan areas in the mid-Atlantic and Northeastern United States. 

In fact, according to a study performed by Old Dominion University, the typical household in Virginia Beach is "better off, economically speaking, than the typical household in New York City area." (Source: The State of the Region 2012, Old Dominion University)

 ​

Cost of Living IndexNational Average = 100
Composite index96.5
Grocery items96.8
Housing92.4
Utilities96.0
Transportation91.5
Health care96.9
Miscellaneous goods and services101.2
Source: Council for Community Economic Research Cost of Living Index, 2018​ ​Annual Average Data

composite indexNATIONAL AVERAGE = 100
Virginia Beach96.5
Philadelphia113.4​
Miami116.2
Baltimore116.9
Boston150.0
Washington D.C.145.0
New York125.8
Source: Council for Community Economic Research Cost of Living Index, 2018​ ​​Annual Average Data​