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Cost of Living: Phoenix, AZ vs Virginia Beach, VA

Wondering how far your dollar stretches in Phoenix compared to Virginia Beach? 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.

TL;DR

Phoenix cost-of-living index is 106 vs 103 for Virginia Beach (US = 100). Median home: $420,000 vs $340,000. Median rent: $1,150/mo vs $1,571/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Virginia Beach is 2.8% cheaper than Phoenix
COL Index: Phoenix 106 vs Virginia Beach 103 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Phoenix vs Virginia Beach — At a Glance

PhoenixMetricVirginia BeachDifference
106Cost of Living Index103-2.8%
$420,000Median Home Price$340,000-19.0%
$1,150Median Monthly Rent$1,571+36.6%
$67,600Median Household Income$72,200+6.8%
0.6%Property Tax Rate0.8%+32.3%
3.7%Unemployment Rate3.5%-5.4%
26 minAverage Commute27 min+3.8%
33.8Median Age36.3+7.4%
5,130,000Metro Population1,840,000-64.1%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Phoenix vs Virginia Beach

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Phoenix

Median Home Price$420,000
Down Payment (20.0%)$84,000
Loan Amount$336,000
Principal & Interest$2,124/mo
Property Tax$217/mo
Insurance$123/mo
Monthly PITI$2,463/mo

Virginia Beach

Median Home Price$340,000
Down Payment (20.0%)$68,000
Loan Amount$272,000
Principal & Interest$1,719/mo
Property Tax$232/mo
Insurance$99/mo
Monthly PITI$2,051/mo

Rent & Affordability Ratios

Median Monthly Rent$1,150 vs $1,571 (+$421/mo)
Annual Rent Difference$5,052/yr more in Virginia Beach
Home Price-to-Income Ratio6.2x (Phoenix) vs 4.7x (Virginia Beach)
Years to Save 20% Down (15% savings rate)8.3 yrs (Phoenix) vs 6.3 yrs (Virginia Beach)

Buying a home in Phoenix costs $2,463/month (PITI) compared to $2,051/month in Virginia Beach — a difference of $412/month or $4,944/year. The price-to-income ratio is 6.2x in Phoenix versus 4.7x in Virginia Beach, suggesting Virginia Beach is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 8.3 years to save a down payment in Phoenix compared to 6.3 years in Virginia Beach.

Tax Comparison: Phoenix vs Virginia Beach

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryPhoenixVirginia Beach
Gross Income$67,600$72,200
State Income Tax$1,315$3,352
Federal Income Tax$6,321$7,333
FICA (SS + Medicare)$5,171$5,523
Property Tax (on median home)$2,604/yr$2,788/yr
State Sales Tax Rate5.6%5.3%
Total Tax Burden$12,807 (18.9%)$16,208 (22.4%)
Take-Home Pay$54,793$55,992

On median household income, total taxes (federal + state + FICA) come to $12,807 in Phoenix (18.9% effective) versus $16,208 in Virginia Beach (22.4% effective). After taxes, take-home pay is $54,793 in Phoenix and $55,992 in Virginia Beach. Property taxes add $2,604/year on the median Phoenix home versus $2,788/year in Virginia Beach.

Salary Equivalence: What Your Income Is Worth

A $67,600 salary in Phoenix equals
$65,687
in Virginia Beach
A $72,200 salary in Virginia Beach equals
$74,303
in Phoenix

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $67,600 in Phoenix (COL 106) and relocate to Virginia Beach (COL 103), you would need $65,687 to maintain the same purchasing power. This means you can take a pay cut of $1,913 and still maintain your lifestyle in Virginia Beach.

Quality of Life: Phoenix vs Virginia Beach

Average Commute
26 min
Phoenix
27 min
Virginia Beach
1 min shorter in Phoenix
Unemployment Rate
3.7%
Phoenix
3.5%
Virginia Beach
Virginia Beach lower
Metro Population
5.1M
Phoenix
1.8M
Virginia Beach
Phoenix is 2.8x larger

Beyond costs, quality of life matters. The average commute in Phoenix is 26 minutes versus 27 minutes in Virginia Beach, a difference of 1 minutes each way. Virginia Beach's lower unemployment rate of 3.5% versus 3.7% suggests a stronger job market. Virginia Beach skews slightly older with a median age of 36.3 vs 33.8 in Phoenix.

Other Cost of Living Comparisons

New York vs PhoenixCOL 187 vs 106Los Angeles vs PhoenixCOL 173 vs 106Chicago vs PhoenixCOL 114 vs 106New York vs Virginia BeachCOL 187 vs 103Los Angeles vs Virginia BeachCOL 173 vs 103Chicago vs Virginia BeachCOL 114 vs 103

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Frequently Asked Questions

Is Phoenix or Virginia Beach more expensive?

Phoenix is 2.8% more expensive than Virginia Beach overall. Phoenix has a cost of living index of 106 compared to 103 for Virginia Beach (national average = 100). The biggest difference is housing: the median home costs $420,000 in Phoenix vs $340,000 in Virginia Beach.

How much more does housing cost in Phoenix vs Virginia Beach?

The median home price in Phoenix is $420,000, which is $80,000 more than Virginia Beach's median of $340,000. Monthly rent follows a similar pattern: $1,150/month in Phoenix vs $1,571/month in Virginia Beach, a difference of $421/month or $5,052/year.

What salary do I need in Virginia Beach to match my Phoenix income?

To maintain the same standard of living, a $67,600 salary in Phoenix is equivalent to $65,687 in Virginia Beach. This is based on the cost of living index ratio: Phoenix's COL index of 106 vs Virginia Beach's 103. Conversely, $72,200 in Virginia Beach equals $74,303 in Phoenix.

Which city has lower taxes, Phoenix or Virginia Beach?

On a median household income, the combined federal, state, and FICA tax burden is $12,807 (18.9% effective rate) in Phoenix vs $16,208 (22.4% effective rate) in Virginia Beach. Property taxes on the median home are $2,604/year in Phoenix (0.6% rate) vs $2,788/year in Virginia Beach (0.8% rate). Sales tax rates are 5.6% in Arizona and 5.3% in Virginia.

What is the median household income in Phoenix and Virginia Beach?

Phoenix median household income: $67,600/yr. Virginia Beach median household income: $72,200/yr (Census ACS).

How does rent compare in Phoenix vs Virginia Beach?

Median monthly rent: $1,150 in Phoenix vs $1,571 in Virginia Beach. Annualized that is $13,800 vs $18,852.

Which city is better for remote workers, Phoenix or Virginia Beach?

Virginia Beach offers a lower cost of living (index 103 vs 106), which lets remote-workers keeping a coastal salary stretch further. Phoenix typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Phoenix and Virginia Beach 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.

How often is this Phoenix vs Virginia Beach comparison updated?

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.

Does this comparison replace tax or financial advice?

No. The Phoenix vs Virginia Beach 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.

Explore More

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Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

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 2026-04-19.