Richmond, VA vs Virginia Beach, VA
Cost of Living Comparison
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Equivalent Salary
$100,000 in Richmond, VA = $99,359 in Virginia Beach, VA
Buying power is -0.6% lower in Virginia Beach, VA
Median Rent
$1,314 vs $1,649
25.5% higher in Virginia Beach, VA
Median Income
$62,671 vs $90,685
44.7% higher in Virginia Beach, VA
Home Value
$328,100 vs $366,300
11.6% higher in Virginia Beach, VA
Price Level
98.0 vs 97.4
US avg = 100
Salary Needed for Median Rent
$52,600 vs $66,000
30% of gross income guideline
Rent as % of Income
25.2% vs 21.8%
Lower is more affordable