Cost of Living: Norfolk, VA vs High Point, NC (2026)

Norfolk

Virginia
89
VS

High Point

North Carolina
73

Norfolk is 22% more expensive than High Point.

$1,246/mo ↑ 17%
Median Rent
$1,062/mo ↓ 15%
$64,017/yr ↑ 5%
Median Income
$61,228/yr ↓ 4%
$271,900 ↑ 28%
Home Value
$212,400 ↓ 22%
$1,366/mo ↑ 26%
Owner Costs
$1,084/mo ↓ 21%
235,037
Population
115,263

Tax Comparison

5.75%
Income Tax
4.5%
5.3%
State Sales Tax
4.75%
0.8%
Property Tax
0.8%

Affordability

23.4%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Norfolk, VA and High Point, NC, the overall cost of living indices are 89 and 73 respectively (national median = 100). Rent is $184/month cheaper in High Point, saving renters about $2,208/year.

Median household income is $2,789/year higher in Norfolk. Home values also differ significantly — the median in Norfolk is $271,900 compared to $212,400 in High Point.

North Carolina has a lower income tax rate, making High Point slightly more tax-friendly.

Frequently Asked Questions

Norfolk vs High Point — common questions

Is Norfolk or High Point cheaper to live in?
Based on our cost index, High Point is cheaper to live in with an index of 73 compared to 89 (US average = 100).
What is the rent difference between Norfolk and High Point?
Median rent in Norfolk is $1,246/month and in High Point it's $1,062/month — a difference of $184/month.
Which city has higher income, Norfolk or High Point?
Median household income is $64,017 in Norfolk and $61,228 in High Point. Median household income is $2,789/year higher in Norfolk.
How do taxes compare between Virginia and North Carolina?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.
Should I move to Norfolk or High Point?
It depends on your priorities. Norfolk has a cost index of 89 with median rent of $1,246/mo, while High Point has a cost index of 73 with rent of $1,062/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Norfolk details → View High Point details →

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