What is the cost of living in Gloucester Point, VA?
According to the most recent data on the cost of living, Gloucester Point has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Virginia, Gloucester Point has a cost of living index that's 1.0x lower than Virginia's index of 112.
The standard of living in Gloucester Point ranks as #56 most affordable out of the 188 places we measured in Virginia. By definition, that implies Gloucester Point ranks as the #132 most expensive place in the Old Dominion.
For more reading on life in Gloucester Point, check out:
Gloucester Point Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Gloucester Point. Here is how it fares on each of the criteria:
The Services index in Gloucester Point is 104.
The Groceries index in Gloucester Point is 103.
The Health index in Gloucester Point is 123.
The Housing index in Gloucester Point is 105.
The Transportation index in Gloucester Point is 107.
The Utilities index in Gloucester Point is 106.
| Living Expense | Gloucester Point | Virginia | National Average |
|---|---|---|---|
| Overall | 110 | 112 | 100 |
| Services | 104 | 103 | 100 |
| Groceries | 103 | 104 | 100 |
| Health | 123 | 131 | 100 |
| Housing | 105 | 105 | 100 |
| Transportation | 107 | 105 | 100 |
| Utilities | 106 | 104 | 100 |
Gloucester Point Cost Of Living Compared To Virginia Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Virginia, check out:
Protect your home budget Compare home warranties in Gloucester Point Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Gloucester Point, VA Housing Cost Breakdown
Housing swings affordability the most between places in Virginia, 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 Gloucester Point is $345,846.
The Median Rent in Gloucester Point is $1,062.
The Median Income in Gloucester Point is $74,001.
The Home Value To Income in Gloucester Point is 4.7x.
The Rent To Monthly Income in Gloucester Point is 0.17x.
| Statistic | Gloucester Point | Virginia | United States |
|---|---|---|---|
| Median Home Value | $345,846 | $412,467 | $332,700 |
| Median Rent | $1,062 | $1,579 | $1,413 |
| Median Income | $74,001 | $93,170 | $80,734 |
| Home Value To Income | 4.7x | 4.4x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Gloucester Point, VA Costs By Category
Detailed Gloucester Point Services costs vs. Virginia
| Item | Gloucester Point | Virginia |
|---|---|---|
| Shampoo | $1.26 | $1.28 |
| Movie | $13.31 | $12.13 |
| Bowling | $24.17 | $18 |
| Haircut | $20.0 | $24.26 |
| Beauty Salon | $54.17 | $45.56 |
Detailed Gloucester Point Groceries costs vs. Virginia
| Item | Gloucester Point | Virginia |
|---|---|---|
| Ground Beef | $5.54 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $5.27 | $4.93 |
| Pizza | $12.72 | $12.09 |
| Beer | $10.64 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Gloucester Point Health costs vs. Virginia
| Item | Gloucester Point | Virginia |
|---|---|---|
| Optometrist | $95.44 | $125.68 |
| Doctor | $122.83 | $135.78 |
| Dentist | $109.67 | $113.29 |
Detailed Gloucester Point Transportation costs vs. Virginia
| Item | Gloucester Point | Virginia |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $60.0 | $59.92 |
Detailed Gloucester Point Utilities costs vs. Virginia
| Item | Gloucester Point | Virginia |
|---|---|---|
| All Electricity | $227.22 | $193.99 |
| Phone | $185.33 | $192.25 |
Gloucester Point SnackAbility
Cost Of Living In Cities Around Gloucester Point
The cost of living varies in the cities and towns around Gloucester Point. Here's a quick look at the cost of living in the most populous nearby places:
Virginia Beach, VA has a cost of living index of 118, 1.1x Gloucester Point.
Chesapeake, VA has a cost of living index of 117, 1.1x Gloucester Point.
Newport News, VA has a cost of living index of 103, 0.9x Gloucester Point.
| City | Population | Cost Of Living | Vs. Gloucester Point |
|---|---|---|---|
| Virginia Beach, VA | 456,349 | 118 | 1.1x |
| Chesapeake, VA | 252,583 | 117 | 1.1x |
| Newport News, VA | 184,216 | 103 | 0.9x |
| Hampton, VA | 137,557 | 107 | 1.0x |
| Suffolk, VA | 98,796 | 116 | 1.1x |
| Colonial Heights, VA | 18,352 | 104 | 0.9x |
| Williamsburg, VA | 15,798 | 125 | 1.1x |
| Poquoson, VA | 12,639 | 125 | 1.1x |
| Smithfield, VA | 8,834 | 116 | 1.1x |
