Cost of Living in Norfolk city, VA
What does it cost to live in Norfolk city? Income, housing, and affordability breakdown.
Median Income
$60,998
Median Rent
$1,188/mo
Median Home
$254,200
Affordability
321
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Norfolk city, Virginia
Norfolk city has a median household income of $60,998 with housing costs that represent 31.2% of income for owners and 23.4% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.
The affordability index of 321 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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