Richmond, VA vs Virginia Beach, VA
Cost of Living Comparison
Richmond, VA is more affordable by 0.1 index points
Side-by-Side Comparison
| Category | Richmond, VA | Virginia Beach, VA | Difference |
|---|---|---|---|
| Overall | 97.9 | 97.9 | -0.1 |
| Housing | 99.1 | 99.8 | -0.7 |
| Goods | 96.8 | 96.8 | +0.0 |
| Utilities | 89.2 | 89.6 | -0.4 |
| Other Services | 98.6 | 98.6 | +0.0 |
Income & Housing Comparison
| Metric | Richmond, VA | Virginia Beach, VA |
|---|---|---|
| Median Household Income | $80,877 | $77,082 |
| Median Home Value | $299,100 | $295,900 |
| Median Monthly Rent | $1,307 | $1,341 |
| Per Capita Income | $44,141 | $40,857 |
Frequently Asked Questions
Is Richmond, VA or Virginia Beach, VA cheaper to live in?
Richmond, VA is more affordable. The cost of living difference is 0.1 index points (Richmond, VA: 97.9, Virginia Beach, VA: 97.9).
Where is housing cheaper, Richmond, VA or Virginia Beach, VA?
Housing is more affordable in Richmond, VA. Housing index: Richmond, VA (99.1) vs Virginia Beach, VA (99.8).