Virginia Beach

Cost of living in Gloucester Point

Composed in-house · four inputs · 14% of the overall score
A−
87/100
2nd of 11
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The four inputs
Housing cost index82
Virginia Beach 10045% · scores 91
Effective property tax rate0.56%
Virginia Beach 0.78%25% · scores 92
Utilities89
Virginia Beach 10020% · scores 71
Local sales tax5.77%
Virginia Beach median 5.77%10% · scores 85
Vertical rule marks the Virginia Beach reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.

Best Virginia Beach suburbs for cost of living

All 11 ranked, Gloucester Point highlighted
1WilliamsburgA−$428,1002Gloucester PointA−$320,7003Newport NewsB+$260,6004NorfolkB+$289,9005Elizabeth CityB+$187,7006PortsmouthB$246,9007HamptonB$245,7008Virginia BeachB−$382,5009ChesapeakeB−$378,40010PoquosonB−$400,30011SuffolkB−$347,400
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Better than Gloucester Point on cost of living

Gloucester Point grades A− on cost of living. One suburb is within 25 miles and scores higher on the same four inputs.

SuburbCost of livingMedian home valueEff. tax rateOverall
Williamsburg12 mi from Gloucester PointA−$428k0.61% 66 C+
Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24