Cost of Living: Richmond, VA vs Virginia Beach, VA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Richmond, VA versus $4,181/mo in Virginia Beach, VA. In the model, rent is about 19.15% of gross in Richmond, VA versus 24.03% in Virginia Beach, VA, so Richmond, VA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Richmond, VA and Virginia Beach, VA.
At a glance
- Cheaper overall (lower cost-of-living index): Richmond, VA
- Lower rent (median 1BR/2BR): Richmond, VA
- Lower home prices: Richmond, VA
- Higher median household income: Virginia Beach, VA
Cost of Living Index
Richmond, VA: 93.8 (U.S. = 100) · Virginia Beach, VA: 95.8 (U.S. = 100)
Richmond, VA has a lower cost-of-living index than Virginia Beach, VA, so a given salary generally stretches further there.
Median Rent
Richmond, VA: $1,249/mo (midpoint of 1BR/2BR) · Virginia Beach, VA: $1,567/mo
Median rent in Virginia Beach, VA is $318/mo higher than in Richmond, VA.
Median Home Price
Richmond, VA: $328,100 · Virginia Beach, VA: $366,300
Median home price in Virginia Beach, VA is $38,200 higher than in Richmond, VA.
Median Household Income
Richmond, VA: $62,671 · Virginia Beach, VA: $90,685
Virginia Beach, VA has a higher median household income than Richmond, VA by $28,014.
Richmond, VA overview · Virginia Beach, VA overview · Popular comparisons