Virginia, MN

Yes — everyday expenses in Virginia run about 31% below the US average (Cost Index: 69). Housing is especially affordable: the median home is valued around $117,500, compared to the $303,400 national median. Monthly rent is typically around $789, versus $1,348 nationally.

Start with housing. Typical monthly rent is $789, while local median household income is $48,321. That implies a rent-burden proxy of about 20% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Minnesota has a progressive state income tax with a top rate of 9.85%. The effective property tax rate is 1.11%. On a home worth $117,500, that translates to roughly $1,304 per year in property taxes. Sales tax (state + local) averages around 7.54% on everyday purchases.

The typical monthly rent in Virginia is around $789. That's roughly 41% lower than the $1,348 national median. For comparison, the median home value here is $117,500, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Virginia is valued at $117,500. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $594/month for principal and interest alone — before property taxes and insurance. About 56% of residents here own their homes.

Grocery prices in Virginia are about average compared to the rest of the US (index: 95, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 87). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Virginia is a small town with a population of about 8,362. The median age of residents is 44.7, skewing somewhat older — common in established suburban communities. The local poverty rate is 23.24%, above the national average of 12.4%.