Virginia, MN Cost Of Living

The latest cost of living statistics for Virginia. Includes statistics on rent, mortgages, healthcare, and other costs for Virginia compared to the state and national averages.

Cost of living in Virginia, Minnesota

Cost of living in Virginia research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Virginia is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

85 Cost of living index 0.8x lower vs US
#1 Cheapest in Minnesota (of 151)
#362 Cheapest in the U.S. (of 6,489)
$128,642 Median home value
$792 Median rent
$51,720 Median income
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What is the cost of living in Virginia, MN?

According to the most recent data on the cost of living, Virginia has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Minnesota, Virginia has a cost of living index that's 0.8x lower than Minnesota's index of 101.

The standard of living in Virginia ranks as #1 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Virginia ranks as the #150 most expensive place in the North Star State.

For more reading on life in Virginia, check out:

Virginia Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Virginia. Here is how it fares on each of the criteria:

  • The Services index in Virginia is 101.

  • The Groceries index in Virginia is 97.

  • The Health index in Virginia is 56.

  • The Housing index in Virginia is 103.

  • The Transportation index in Virginia is 107.

  • The Utilities index in Virginia is 96.

Living Expense Virginia Minnesota National Average
Overall 85 101 100
Services 101 101 100
Groceries 97 99 100
Health 56 99 100
Housing 103 101 100
Transportation 107 103 100
Utilities 96 101 100

Virginia Cost Of Living Compared To Minnesota Averages

Services
Virginia 101
Minnesota avg 101
Groceries
Virginia 97
Minnesota avg 99
Health
Virginia 56
Minnesota avg 99
Housing
Virginia 103
Minnesota avg 101
Transportation
Virginia 107
Minnesota avg 103
Utilities
Virginia 96
Minnesota avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Minnesota, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Virginia, MN Housing Cost Breakdown

$128,642Median Home Value
$792Median Rent
$51,720Median Income

Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Virginia is $128,642.

  • The Median Rent in Virginia is $792.

  • The Median Income in Virginia is $51,720.

  • The Home Value To Income in Virginia is 2.5x.

  • The Rent To Monthly Income in Virginia is 0.18x.

Statistic Virginia Minnesota United States
Median Home Value $128,642 $346,667 $332,700
Median Rent $792 $1,280 $1,413
Median Income $51,720 $89,062 $80,734
Home Value To Income 2.5x 3.9x 4.1x
Rent To Monthly Income 0.18x 0.17x 0.21x

Virginia, MN Costs By Category

Detailed Virginia Services costs vs. Minnesota
Item Virginia Minnesota
Shampoo $1.52 $1.28
Movie $11.24 $12.13
Bowling $26.39 $18
Haircut $27.97 $24.26
Beauty Salon $37.17 $45.56
Detailed Virginia Groceries costs vs. Minnesota
Item Virginia Minnesota
Ground Beef $5.75 $5.84
Fried Chicken $1.35 $1.57
Milk $4.58 $4.67
Potatoes $4.86 $4.93
Pizza $13.07 $12.09
Beer $9.52 $10.41
Toothpaste $3.62 $3.7
Detailed Virginia Health costs vs. Minnesota
Item Virginia Minnesota
Optometrist $109.94 $125.68
Doctor $162.98 $135.78
Dentist $96.9 $113.29
Detailed Virginia Transportation costs vs. Minnesota
Item Virginia Minnesota
Gasoline $3.31 $3.46
Tire Balancing $61.97 $59.92
Detailed Virginia Utilities costs vs. Minnesota
Item Virginia Minnesota
All Electricity $175.69 $193.99
Phone $188.55 $192.25

Virginia SnackAbility

4Overall SnackAbility
Jobs 5/10
Housing 4/10
Affordability 8.5/10
Diversity 5/10
Safety 4/10
Amenities 6/10
Education 6/10
Commute 10/10

Cost Of Living In Cities Around Virginia

The cost of living varies in the cities and towns around Virginia. Here's a quick look at the cost of living in the most populous nearby places:

  • Hibbing, MN has a cost of living index of 87, 1.0x Virginia.

City Population Cost Of Living Vs. Virginia
Hibbing, MN 16,057 87 1.0x