Cost of living in Virginia Beach
Virginia Beach, located in the southeastern part of Virginia, is known for its beautiful beaches and vibrant community. Understanding the cost of living in this city is crucial for anyone considering moving here or planning a visit.
The cost of living encompasses various aspects such as housing, transportation, groceries, and dining, which can significantly impact your budget. This guide provides a detailed breakdown of these expenses in Virginia Beach for 2024.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18.5 on average, with a range between $12 and $47.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $83.75, with prices ranging from $50 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8.88 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $20, imported beer $6 to $12, cappuccino $4 to $10, and Coke/Pepsi $1.99 to $4.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.32 per liter, averaging $0.87.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $4.52, with an average price of $3.12.
- Eggs (Dozen) - A dozen eggs range from $1.7 to $5.5, averaging $3.42.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.46 to $2.98 per kg, while oranges range from $2 to $3.86 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.68 and $3 per kg, and lettuce costs $1 to $1.89 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2, with a monthly pass priced at $70.
- Fuel (Gasoline) - Gasoline is priced between $0.78 and $0.94 per liter.
- Taxi Fares - Taxi fares start at $4.65, with a cost of $0.55 to $1.5 per km and $20 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1250 to $2200, averaging $1794.63.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1100 to $1800, averaging $1496.13.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2800 to $4500, averaging $3218.43.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2300 to $3500, averaging $2633.33.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2185 to $3767.37, averaging $3099.98.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2185 to $3390.63, averaging $2655.07.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $70 and $250, averaging $142.16.
- Internet - Internet services range from $45 to $98, with an average cost of $68.44.
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"
Virginia Beach offers a moderate cost of living with relatively affordable housing compared to other coastal cities.
Dining out can vary widely in cost, with options ranging from budget-friendly to upscale experiences.
Transportation costs are reasonable, with public transport and fuel prices being quite affordable.
Grocery prices are generally in line with national averages, making it manageable for residents.
Conclusion
In conclusion, Virginia Beach presents a balanced cost of living that can accommodate various lifestyles. The city offers a mix of affordable and premium options across different categories, making it an attractive place for both families and individuals.
Whether you're considering a move or planning a visit, understanding these costs can help you budget effectively and enjoy all that Virginia Beach has to offer.