Quick answer
Overall prices in the Chicago, IL metro were 103.6 vs 97.9 in Virginia Beach, VA in 2024 (US = 100), so Chicago is 5.8% more expensive than Virginia Beach; housing rents differ by 12% (112.0 vs 99.8). A $75,000 income in Chicago buys about what $70,907 buys in Virginia Beach, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Chicago | Virginia Beach | Chicago vs Virginia Beach |
|---|---|---|---|
| All items | 103.6 | 97.9 | +5.8% |
| Goods | 107.3 | 96.8 | +10.8% |
| Housing (rents) | 112.0 | 99.8 | +12.2% |
| Utilities | 83.6 | 89.6 | -6.7% |
| Other services | 100.5 | 98.6 | +1.9% |
| All items, 2008 | 105.4 | 100.1 | +5.4% |
| $50,000 in Chicago equals in Virginia Beach | $47,271 | ||
| $100,000 in Chicago equals in Virginia Beach | $94,542 | ||
| $150,000 in Chicago equals in Virginia Beach | $141,813 |
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Last updated 2026-10-16. Data only, not financial or tax advice.