​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 index97.7
Grocery items93.3
Housing85.0
Utilities104.7
Transportation90.7
Health care105.5
Miscellaneous goods and services108.3
Source: Council for Community Economic Research Cost of Living Index, 2016 ​Annual Average Data