salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.6 minutes.
How much money do I need?
To rent here comfortably, you should earn about $32,320 a year. That is $16 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
Yes. Rent here is cheaper than in most of Minnesota. It is number 4 of 150 cities from cheapest to most expensive.
How much do households earn in Virginia?
Share of households by yearly income. 14.0% of households earn $100,000 or more.
Rent by apartment size in Virginia
| Size | Virginia | U.S. average |
|---|---|---|
| Studio | $581 | $1,338 |
| 1 bedroom | $763 | $1,324 |
| 2 bedrooms | $931 | $1,509 |
| 3 bedrooms | $1,044 | $1,698 |
| 4 bedrooms | $1,277 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Virginia overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Virginia, so the Minnesota figure is shown.
Taxes and bills in Virginia
Life in Virginia
Is it cheaper to rent or buy in Virginia?
About the same. Renting and owning cost within $29 of each other each month.
Owning assumes a typical $120,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,060 for the down payment.
Frequently asked questions
What is the average rent in Virginia, MN?
Renting in Virginia costs a median of about $808 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Virginia?
To keep rent under 30% of income, you need about $32,320 a year, or $16 an hour at a full-time job.
Is Virginia cheap or expensive?
Virginia is rated Cheap: rent takes 17.4% of the typical household income of $55,780. It ranks 4th cheapest of 150 Minnesota cities we track.
How much are property taxes in Virginia?
The median homeowner in Virginia pays $1,232 a year in property taxes, about 1.02% of the median home value.
Is Virginia more expensive than the national average?
Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Virginia?
The median home value in Virginia is $120,600, about 2.2 times the typical yearly household income.
8,332 people live in Virginia. Numbers are typical (middle) values.