Cost of Living: Norfolk, VA vs Riverview, FL (2026)

Norfolk

Virginia
89
VS

Riverview

Florida
122

Norfolk is 27% cheaper than Riverview.

$1,246/mo ↓ 34%
Median Rent
$1,890/mo ↑ 52%
$64,017/yr ↓ 33%
Median Income
$95,442/yr ↑ 49%
$271,900 ↓ 20%
Home Value
$341,200 ↑ 25%
$1,366/mo ↓ 23%
Owner Costs
$1,767/mo ↑ 29%
235,037
Population
107,776

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.0%
0.8%
Property Tax
0.86%

Affordability

23.4%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Norfolk, VA and Riverview, FL, the overall cost of living indices are 89 and 122 respectively (national median = 100). Rent is $644/month cheaper in Norfolk, saving renters about $7,728/year.

Median household income is $31,425/year higher in Riverview. Home values also differ significantly — the median in Norfolk is $271,900 compared to $341,200 in Riverview.

Florida has no state income tax, giving Riverview residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Norfolk vs Riverview — common questions

Is Norfolk or Riverview cheaper to live in?
Based on our cost index, Norfolk is cheaper to live in with an index of 89 compared to 122 (US average = 100).
What is the rent difference between Norfolk and Riverview?
Median rent in Norfolk is $1,246/month and in Riverview it's $1,890/month — a difference of $644/month.
Which city has higher income, Norfolk or Riverview?
Median household income is $64,017 in Norfolk and $95,442 in Riverview. Median household income is $31,425/year higher in Riverview.
How do taxes compare between Virginia and Florida?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Norfolk or Riverview?
It depends on your priorities. Norfolk has a cost index of 89 with median rent of $1,246/mo, while Riverview has a cost index of 122 with rent of $1,890/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Norfolk details → View Riverview details →

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