Calculate using real Virginia Beach data. Median home price: $340,000. Property tax rate: 0.86%.
Virginia Beach, VA has a cost of living index of 103, where 100 represents the national average. This means living in Virginia Beach is 3% more expensive the national average.
The median household income in Virginia Beach, VA is $78,618. Combined with a cost of living index of 103, this provides a picture of purchasing power in the area.
The median home price in Virginia Beach, VA is $340,000 with a property tax rate of 0.86%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $2,113.