Virginia Beach vs Austin

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

💰 Salary Equivalence

To maintain the same standard of living:

See exact take-home pay: Virginia salaries · Texas salaries

Living in Virginia Beach vs Austin

Housing is typically the biggest factor in any cost-of-living comparison. Virginia Beach has a housing index of 112 while Austin sits at 123 (national average = 100). The median home in Virginia Beach costs $310,000 compared to $430,000 in Austin, a difference of $120,000. Monthly rent follows a similar pattern: $1,500 in Virginia Beach versus $1,700 in Austin.

Groceries and everyday expenses show a narrower gap: Virginia Beach scores 100 while Austin scores 96. Both cities are close to the national average for grocery costs.

Healthcare costs in Virginia Beach (99) are higher than Austin (97). Both are close to the national average.

Median household income in Virginia Beach is $73,418 compared to $75,413 in Austin. When adjusted for cost of living, purchasing power is similar in both cities.

Relocating: Virginia Beach vs Austin

If you are considering a move between Virginia Beach (index: 105) and Austin (index: 107), the 2% cost difference has real implications for your budget. Virginia Beach is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in Virginia Beach can afford $1,713/month, while the median household in Austin can afford $1,760/month. With median homes at $310,000 in Virginia Beach versus $430,000 in Austin, homeownership requires above-median income in the pricier market.

Renting vs buying: At $1,500/month in Virginia Beach and $1,700/month in Austin, renters face similar costs in both cities. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes about equally far in both cities. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: Virginia Beach (105) vs Austin (107)

The cost of living index uses 100 as the national average. Virginia Beach at 105 is 5% above the US average, while Austin at 107 is 7% above average. Both cities are close to the national average in overall costs.

Virginia Beach and Austin land within 2 points of each other on the composite index (105 vs 107), so the overall cost picture is similar. Housing shows the widest single-category margin at 112 versus 123, making it the area where residents will feel the most day-to-day price difference between Virginia Beach and Austin. Housing, the largest line item for most households, favors Virginia Beach with indices of 112 versus 123. Median home prices of $310,000 in Virginia Beach and $430,000 in Austin underscore this gap. Neither city is cheaper across the board: Virginia Beach has an edge in housing and transportation, while Austin is more affordable for groceries and utilities. Your actual savings depend on which categories consume the biggest share of your personal budget.

For renters: With median rents of $1,500/month in Virginia Beach and $1,700/month in Austin, the annual rent difference is approximately $2,400. Over a 5-year period, that compounds to $12,000 in savings by choosing the more affordable city.

For homebuyers: The $120,000 difference in median home prices between Virginia Beach and Austin translates to roughly $7,200 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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