​Cost of Living

The  cost of living in Virginia Beach is below the national average and 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 index98.5
Grocery items91.7
Housing91
Utilities100.9
Transportation98.6
Health care106.9
Miscellaneous goods and services105.6
Source: Council for Community Economic Research Cost of Living Index, 2015 Annual Average Data