Cost of Living: Virginia beach, VA vs Salem, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Virginia beach | Salem |
|---|---|---|
| Housing Index | 105.0 | 110.0 |
| Median Home Price | $359,000 | $415,000 |
| Average Rent (2 BR Apartment) | $1895 | $1800 |
| Average Rent (2 BR House) | $1930 | $1840 |
Housing Comparison: Virginia beach vs Salem
- The median home price in Salem is higher at $415,000, compared to $359,000 in Virginia beach.
- Renting a two-bedroom apartment costs more in Virginia beach at $1,895 than in Salem at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Virginia beach | Salem |
|---|---|---|
| Electricity Price | $15.31 | $15.12 |
| Natural Gas Price | $19.91 | $16.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Virginia beach vs Salem
- Electricity costs are higher in Virginia beach at $15.31 per kWh, compared to $15.12 in Salem.
- Natural gas is more expensive in Virginia beach at $19.91 per unit, while it is cheaper at $16.5 in Salem.
- Utility expenses are equal in both Virginia beach and Salem averaging $250.