Cost of Living in Suffolk city, VA

What does it cost to live in Suffolk city? Income, housing, and affordability breakdown.

Median Income

$87,758

Median Rent

$1,376/mo

Median Home

$314,400

Affordability

377

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,590
Property Tax$246
Insurance$105

Total Monthly$1,941
% of Income26.5%

Renting

Median Rent$1,376
Renter's Insurance$25

Total Monthly$1,401
% of Income18.8%

Living in Suffolk city, Virginia

Suffolk city has a median household income of $87,758 with housing costs that represent 26.5% of income for owners and 18.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 377 (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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Other Counties in Virginia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.