Wondering how far your dollar stretches in Norfolk compared to Roanoke? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.
| Norfolk | Metric | Roanoke | Difference |
|---|---|---|---|
| 95 | Cost of Living Index | 88 | -7.4% |
| $275,000 | Median Home Price | $215,000 | -21.8% |
| $1,250 | Median Monthly Rent | $950 | -24.0% |
| $52,800 | Median Household Income | $55,800 | +5.7% |
| 1.1% | Property Tax Rate | 0.8% | -25.5% |
| 4.2% | Unemployment Rate | 3.6% | -14.3% |
| 23 min | Average Commute | 22 min | -4.3% |
| 31.5 | Median Age | 39.5 | +25.4% |
| 245,000 | Metro Population | 320,000 | +30.6% |
Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.
Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.
Buying a home in Norfolk costs $1,723/month (PITI) compared to $1,297/month in Roanoke — a difference of $426/month or $5,112/year. The price-to-income ratio is 5.2x in Norfolk versus 3.9x in Roanoke, suggesting Roanoke is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 6.9 years to save a down payment in Norfolk compared to 5.1 years in Roanoke.
Estimated on each city's median household income, single filer, standard deduction, 2025 rates.
| Tax Category | Norfolk | Roanoke |
|---|---|---|
| Gross Income | $52,800 | $55,800 |
| State Income Tax | $2,236 | $2,409 |
| Federal Income Tax | $4,207 | $4,567 |
| FICA (SS + Medicare) | $4,040 | $4,269 |
| Property Tax (on median home) | $3,025/yr | $1,763/yr |
| State Sales Tax Rate | 5.3% | 5.3% |
| Total Tax Burden | $10,483 (19.9%) | $11,245 (20.2%) |
| Take-Home Pay | $42,317 | $44,555 |
On median household income, total taxes (federal + state + FICA) come to $10,483 in Norfolk (19.9% effective) versus $11,245 in Roanoke (20.2% effective). After taxes, take-home pay is $42,317 in Norfolk and $44,555 in Roanoke. Property taxes add $3,025/year on the median Norfolk home versus $1,763/year in Roanoke.
These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $52,800 in Norfolk (COL 95) and relocate to Roanoke (COL 88), you would need $48,909 to maintain the same purchasing power. This means you can take a pay cut of $3,891 and still maintain your lifestyle in Roanoke.
Beyond costs, quality of life matters. The average commute in Norfolk is 23 minutes versus 22 minutes in Roanoke, a difference of 1 minutes each way. Roanoke's lower unemployment rate of 3.6% versus 4.2% suggests a stronger job market. Roanoke skews slightly older with a median age of 39.5 vs 31.5 in Norfolk.
Norfolk is 7.4% more expensive than Roanoke overall. Norfolk has a cost of living index of 95 compared to 88 for Roanoke (national average = 100). The biggest difference is housing: the median home costs $275,000 in Norfolk vs $215,000 in Roanoke.
The median home price in Norfolk is $275,000, which is $60,000 more than Roanoke's median of $215,000. Monthly rent follows a similar pattern: $1,250/month in Norfolk vs $950/month in Roanoke, a difference of $300/month or $3,600/year.
To maintain the same standard of living, a $52,800 salary in Norfolk is equivalent to $48,909 in Roanoke. This is based on the cost of living index ratio: Norfolk's COL index of 95 vs Roanoke's 88. Conversely, $55,800 in Roanoke equals $60,239 in Norfolk.
On a median household income, the combined federal, state, and FICA tax burden is $10,483 (19.9% effective rate) in Norfolk vs $11,245 (20.2% effective rate) in Roanoke. Property taxes on the median home are $3,025/year in Norfolk (1.1% rate) vs $1,763/year in Roanoke (0.8% rate). Sales tax rates are 5.3% in Virginia and 5.3% in Virginia.
Norfolk median household income: $52,800/yr. Roanoke median household income: $55,800/yr (Census ACS).
Median monthly rent: $1,250 in Norfolk vs $950 in Roanoke. Annualized that is $15,000 vs $11,400.
Roanoke offers a lower cost of living (index 88 vs 95), which lets remote-workers keeping a coastal salary stretch further. Norfolk typically wins on amenities and labor-market depth.
Norfolk and Roanoke numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.
Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.
No. The Norfolk vs Roanoke cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.
Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].
COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.
Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.
Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.
Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.
Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].
Last reviewed is computed from the maximum retrievedAt across every source this page consumes.
City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed .