New York, NY vs Virginia Beach, VA
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Virginia Beach runs $366,000 versus $752,000 in New York, a 51% gap that dominates most relocation math. State income-tax burden also tilts toward Virginia Beach — a top rate of 5.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$366,300 ✓
Zillow Home Value
$812,534
$418,508
Median Gross Rent
$1,779/mo
$1,649/mo ✓
Owner Occupied %
32.8%
64.9%
Price-to-Rent Ratio
35.2x
18.5x
Median Household Income
$79,713
$90,685 ✓
Per Capita Income
$50,776
$47,372
Unemployment Rate
7.7%
4.3% ✓
Poverty Rate
17.4%
8.4%
Avg Commute (min)
44.8 min
25.1 min
Drove Alone %
21.9%
75.3%
Public Transit %
45.5%
0.8%
Work From Home %
15.0%
12.7%
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%
25.0%
Median Age
38
37.4
Avg High Temp
62.6°F
69.0°F
Annual Precipitation
49.5"
46.6"
Annual Snowfall
29.8"
3.4"
New York, NY 0 wins
Virginia Beach, VA 5 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Median Household Income
- ✓Unemployment Rate
Thinking about moving? See what salary you'd need in each city.
Open Cost of Living Calculator →