Do you want to move? Then why not consider a state dubbed The Mother of States? Virginia is an excellent place if you're going to move to an area with gorgeous trails, beaches, and comfortable weather. With Virginia, you can expect summers that last a good while and winters that can cool off the summer heat. So, if you want to retire to one of the original commonwealths, we do believe that Virginia is a good place. However, there are a couple of things to be mindful of, particularly the cost of living. Read below to hear our thoughts about the cost of living in Virginia.
The cost of living in Virginia is slightly above the national average, which is 100.7. These costs are due to the housing, which is over 12 points higher. However, the median home cost is slightly cheaper than a home in the US. One area where Virginia excels is transportation. It's over 11 points less than the overall average. Utilities and groceries are slightly cheaper compared to the national average, making Virginia good in that regard. These costs can depend on where you live, so be mindful of that if you're considering retiring to Virginia.
| COST OF LIVING | Virginia | United States |
|---|---|---|
| Overall | 100.7 | 100 |
| Grocery | 96.1 | 100 |
| Housing | 112.1 | 100 |
| Median Home Cost | $273,100 | $291,700 |
| Utilities | 96.5 | 100 |
| Transportation | 88.7 | 100 |
| Miscellaneous | 100.2 | 100 |
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