Norfolk cost of living index: 95/100 (100 = national avg). Median home $260,000, median income $52,072. See housing, groceries & more.
Population
238,005
Median Home Price
$260,000
Property Tax Rate
1.05%
Median Income
$52,072
Cost of Living
95/ 100
Norfolk, VA has a cost of living index of 95, where 100 represents the national average. This index covers housing, groceries, utilities, transportation, and healthcare. A score above 100 means Norfolk is more expensive than the typical American city.
Housing is usually the largest expense. The median home price in Norfolk is $260,000, and the property tax rate is 1.05%. Rent prices generally correlate with the overall cost of living index. If you earn the local median household income of $52,072, housing affordability is a critical factor.
The median household income in Norfolk is $52,072. When adjusted for the cost of living index of 95, your real purchasing power may be higher or lower than the raw salary suggests. Always compare salaries on a cost-adjusted basis when evaluating a move.
Use our free calculator with Norfolk-specific data already filled in.
Open Norfolk CalculatorPlanning a move to Norfolk? Cost of living index: 95/100. Median home: $260,000. Median income: $52,072. Get the full relocation breakdown.
Median home price in Norfolk: $260,000. Property tax rate: 1.05%. Get mortgage estimates, affordability analysis, and local market insights.
Median household income in Norfolk: $52,072. Cost of living index: 95/100. See how far your salary really goes and compare local job market data.
Property tax rate in Norfolk: 1.05%. Median home price: $260,000. Calculate your annual bill, compare to state averages, and find exemptions.
Should you rent in Norfolk? Cost of living index: 95/100. Median income: $52,072. See how much rent you can afford and where to look.
What does commuting cost in Norfolk? Population: 238,005. Median income: $52,072. Compare transit, driving, and biking options with real local data.
Median home in Norfolk: $260,000. Tax rate: 1.05%. Compare Norfolk neighborhoods by price, schools, and lifestyle to find the right fit.