Cost of living in Norfolk
Norfolk, located in Virginia, is a vibrant city known for its rich history and cultural diversity. Understanding the cost of living in Norfolk is crucial for anyone considering moving to or residing in the city.
This guide provides a detailed breakdown of expenses in Norfolk, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $12 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $90, with prices ranging from $50 to $125.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.94, with a range between $8.88 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $5 to $9, cappuccino $4 to $6, and Coke/Pepsi $1.4 to $4.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.36 per liter, averaging $0.95.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $5.5, with an average price of $4.27.
- Eggs (Dozen) - A dozen eggs range from $1.7 to $6.5, averaging $3.66.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.46 to $5.51 per kg, while oranges range from $2 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.68 and $4.39 per kg, and lettuce costs $1 to $2.5 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2 and $5, with a monthly pass priced between $70 and $135.
- Fuel (Gasoline) - Gasoline is priced between $0.78 and $0.94 per liter.
- Taxi Fares - Taxi fares start at $1.95, with a cost of $1.3 to $1.5 per km and $15 to $40 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1700 to $2300, averaging $2066.67.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1400 to $2000, averaging $1800.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2200 to $4000, averaging $2612.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1400 to $3000, averaging $2300.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $2185.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter also averages $2185.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $75.72 and $250, averaging $165.9.
- Internet - Internet services range from $45 to $99, with an average cost of $80.41.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Norfolk offers a moderate cost of living with reasonable housing and dining expenses. While some areas like transportation and utilities can be on the higher side, the overall expenses are manageable.
For those looking to save, consider living outside the city centre where rental prices are lower, and explore public transportation options to reduce commuting costs.
Conclusion
In conclusion, Norfolk, VA, presents a balanced cost of living with a mix of affordable and higher-priced elements. The city offers diverse options for dining and housing, catering to various budgets.
Potential residents should weigh the costs of transportation and utilities when planning their move. Overall, Norfolk is a city that provides a comfortable lifestyle with its unique blend of urban and suburban living.