Is Virginia Beach expensive to live?
Not to mention, it’s an affordable place to live on the East Coast—the median home price in Virginia Beach is $262,200, and the median monthly rent is $1,258. Virginia Beach is more than just a popular coastal travel destination; it’s also a safe, economically stable, and family-friendly city!
How much does it cost to live comfortably in Virginia Beach?
Virginia Beach, VA: $50,929 Low costs of living make it easy to live on Virginia Beach’s median income of $67,001. This amount is $16,072 more than what is needed to live comfortably — the equivalent of an extra $1,340 a month — which is the biggest surplus of any major U.S. city in this study.
How much do you need to live in Virginia Beach?
Summary about cost of living in Virginia Beach, VA, United States: Family of four estimated monthly costs are 3,293$ without rent. A single person estimated monthly costs are 919$ without rent. Virginia Beach is 32.71% less expensive than New York (without rent).
How much does it cost to live comfortably in Virginia?
How much money do you need to live comfortably in Virginia? According to livingwage.mit.edu, a living wage calculator based at MIT, you’ll need a salary of at least $26,631 if you have no children. If you are one adult with two children, you’ll need $61,780 after taxes.
Is VA Beach a good place to live?
Overall, Virginia Beach is a good place to live, even for retirees. This city is safe, and it has big-city amenities. The economy is also growing steadily. The only concern is its cost of living is higher than the national average.
Do hurricanes hit Virginia Beach?
Though the city has since invested in new drainage systems, pump stations, and tidal gates, hurricanes, tropical storms, and sea level rise still pose a major threat to homes and businesses in Virginia Beach.
Is Virginia Beach a good place to live?
How much do utilities cost in Virginia Beach?
Cost of Utilities The average household’s monthly utility costs are about $170 according to Numbeo, including water, electricity, heating, and garbage. Internet prices are an average of $60 per month.
How much is a water bill in Virginia Beach?
Virginia Beach Residents are charged, on average, about 14 cents per day for water service availability. For each 1,000 gallons used, residents pay $4.41, which is roughly the equivalent of $3.29 per 748 gallons, or consumption as referred to by other localities.
Is it cheaper to live in Virginia or Florida?
Virginia is 12.8% more expensive than Florida.
What is considered a good salary in Virginia?
Average Salary in Virginia
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $88,085 | $7,340 |
| 75th Percentile | $72,426 | $6,035 |
| Average | $64,607 | $5,383 |
| 25th Percentile | $48,447 | $4,037 |
What are the pros and cons of living in Virginia Beach?
Living in Virginia Beach, VA: Pros and Cons
- PRO: Solid Job Market & Local Economy. The City of Virginia Beach has a strong economy.
- CON: Jet Noise.
- PRO: Many Things to Do.
- CON: Rush Hour Traffic.
- PRO: Balance Between Small Town & Big City.
- CON: Risk of Tropical Storms.
- PRO: Great Local Education.
- CON: Flood Potential.