Quick answer
Overall prices in the Virginia Beach, VA metro were 97.9 vs 92.2 in Memphis, TN in 2024 (US = 100), so Virginia Beach is 6.3% more expensive than Memphis; housing rents differ by 25% (99.8 vs 79.8). A $75,000 income in Virginia Beach buys about what $70,588 buys in Memphis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Virginia Beach | Memphis | Virginia Beach vs Memphis |
|---|---|---|---|
| All items | 97.9 | 92.2 | +6.3% |
| Goods | 96.8 | 96.2 | +0.6% |
| Housing (rents) | 99.8 | 79.8 | +25.1% |
| Utilities | 89.6 | 74.1 | +20.9% |
| Other services | 98.6 | 95.4 | +3.4% |
| All items, 2008 | 100.1 | 94.2 | +6.2% |
| $50,000 in Virginia Beach equals in Memphis | $47,058 | ||
| $100,000 in Virginia Beach equals in Memphis | $94,117 | ||
| $150,000 in Virginia Beach equals in Memphis | $141,175 |
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Last updated 2026-10-16. Data only, not financial or tax advice.