New York, NY vs Norfolk, VA
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate Norfolk and New York more than any other line item — $272,000 versus $752,000 for a typical home, a 64% spread. State income-tax burden also tilts toward Norfolk — a top rate of 5.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$271,900 ✓
Zillow Home Value
$812,534
$302,742
Median Gross Rent
$1,779/mo
$1,246/mo ✓
Owner Occupied %
32.8%
45.7%
Price-to-Rent Ratio
35.2x
18.2x
Median Household Income
$79,713 ✓
$64,017
Per Capita Income
$50,776
$37,433
Unemployment Rate
7.7%
6.1% ✓
Poverty Rate
17.4%
17.3%
Avg Commute (min)
44.8 min
24.5 min
Drove Alone %
21.9%
71.7%
Public Transit %
45.5%
2.8%
Work From Home %
15.0%
8.6%
State Income Tax
10.9%
5.8%
Total Sales Tax
8.5%
5.6% ✓
Property Tax Rate
1.7%
0.8%
Bachelor's Degree %
23.6%
19.3%
Median Age
38
32.4
Avg High Temp
62.6°F
69.7°F
Annual Precipitation
49.5"
45.7"
Annual Snowfall
29.8"
3"
New York, NY 1 wins
- ✓Median Household Income
Norfolk, VA 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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