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Virginia Beach, VA vs Richmond, VA

Moving from Virginia Beach to Richmond? Here's what changes — from your equivalent salary to housing ($373,678 → $397,705 median home) and taxes.

Virginia Beach vs Richmond at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Virginia Beach, VA Richmond, VA Cost-of-living index Virginia Beach, VA — Cost-of-living index: 98 98 Richmond, VA — Cost-of-living index: 98 98 Median home price Virginia Beach, VA — Median home price: $374k $374k Richmond, VA — Median home price: $398k $398k Price per sqft Virginia Beach, VA — Price per sqft: $187 $187 Richmond, VA — Price per sqft: $199 $199 Median rent Virginia Beach, VA — Median rent: $1,862 $1,862 Richmond, VA — Median rent: $1,763 $1,763 Combined sales tax Virginia Beach, VA — Combined sales tax: 5.7% 5.7% Richmond, VA — Combined sales tax: 5.7% 5.7% Property tax rate Virginia Beach, VA — Property tax rate: 0.86% 0.86% Richmond, VA — Property tax rate: 0.76% 0.76% Violent crime /100k Virginia Beach, VA — Violent crime /100k: 200 200 Richmond, VA — Violent crime /100k: 200 200 Electricity ¢/kWh Virginia Beach, VA — Electricity ¢/kWh: 17.4 17.4 Richmond, VA — Electricity ¢/kWh: 17.4 17.4 Avg commute (min) Virginia Beach, VA — Avg commute (min): 25 25 Richmond, VA — Avg commute (min): 25 25 Avg summer high °F Virginia Beach, VA — Avg summer high °F: 87° 87° Richmond, VA — Avg summer high °F: 87° 87° Avg winter low °F Virginia Beach, VA — Avg winter low °F: 28° 28° Richmond, VA — Avg winter low °F: 28° 28°

To keep the same standard of living as $100,000 in Virginia Beach, VA, you'd need about $100,629 in Richmond, VA (+$629).

Livability — Virginia Beach, VA: 68 · Richmond, VA: 66 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,677 sqft in Virginia Beach vs 2,514 sqft in Richmond ($187 vs $199 per sqft).

Annual cost breakdown (at $100,000)

CategoryVirginia Beach, VARichmond, VADifference
Housing $22,344 $21,156 −$1,188
Groceries $4,853 $4,853 +$0
Transportation $3,080 $3,080 +$0
Utilities $1,872 $1,872 +$0
Insurance $1,500 $1,500 +$0
Taxes $10,303 $10,041 −$262
Total $43,952 $42,502 −$1,450

Side by side

MetricVirginia Beach, VARichmond, VA
Cost-of-living index97.798.3
Unemployment rate5.24%4.78%
Population growth (5-yr)4.7%3.6%
Air quality (median AQI)4144
Big Mac price (est.)$5.56$5.60
Median home price$373,678$397,705
Home price ÷ income4.8×4.9×
1-yr home appreciation2.5%2.3%
Price per square foot$187$199
Median rent$1,862$1,763
Total tax burden (% income)12.5%12.5%
Combined sales tax5.73%5.73%
Capital gains tax5.75%5.75%
Property tax rate0.86%0.76%
Healthcare (annual)$6,800$6,800
Childcare (annual, infant)$15,000$15,000
Vehicle property tax3.97%3.97%
Avg commute (min)2525
Home insurance / yr$1,500$1,500
Auto insurance / yr$1,400$1,400
Flood insurance / yr$700$700
Earthquake insurance / yr$100$100
Electricity ¢/kWh17.417.4
Gas $/gal3.203.20
Violent crime /100k200200
Avg summer high °F8787
Avg winter low °F2828
Permit difficulty (1–5)33

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