Cost of Living in Virginia

Virginia has a cost of living index of 97.9, meaning overall expenses are 2.1% lower the national average. With 92 cities tracked in our database, the state offers a wide range of living situations from very affordable small towns to pricier metropolitan areas.

Housing is typically the largest expense category. Average rent in Virginia is approximately $1,404 per month, with significant variation between urban centers and rural communities. Median home values average around $467,814 statewide.

The state income tax rate in Virginia is 5.75%, which directly affects take-home pay. Factor this into salary comparisons when considering a move from states with different tax rates.