Cost of Living in Virginia Beach, VA

Population: 457,066 • 2026 Data

$90,685
Median Household Income
+17% vs national
$1,649
Median Monthly Rent
+22% vs national
$366,300
Median Home Value
+8% vs national
3.9%
Unemployment Rate

Housing in Virginia Beach

The median home value in Virginia Beach, VA is $366,300. Monthly rent for a typical unit averages $1,649, while total monthly housing costs (including utilities and insurance) average $1,704.

Rent-to-income ratio: 21.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Virginia Beach, VA is $90,685. The unemployment rate stands at 3.9%, with a labor force of 255,324 people.

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov