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Cost of living: Miami, FL vs Virginia Beach, VA (2024)

Quick answer

Overall prices in the Miami, FL metro were 114.2 vs 97.9 in Virginia Beach, VA in 2024 (US = 100), so Miami is 16.6% more expensive than Virginia Beach; housing rents differ by 56% (155.6 vs 99.8). A $75,000 income in Miami buys about what $64,347 buys in Virginia Beach, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)MiamiVirginia BeachMiami vs Virginia Beach
All items114.297.9+16.6%
Goods103.696.8+7.0%
Housing (rents)155.699.8+55.9%
Utilities97.289.6+8.5%
Other services109.198.6+10.7%
All items, 2008106.5100.1+6.4%
$50,000 in Miami equals in Virginia Beach$42,898
$100,000 in Miami equals in Virginia Beach$85,797
$150,000 in Miami equals in Virginia Beach$128,695

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Last updated 2026-10-16. Data only, not financial or tax advice.

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