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The population in the Old Dominion, as Virginia is dubbed, is growing.
In 2024, more people moved into the state than out of the state.
Living in Virginia is a little steep, financially.
Thecost of livingthere is the same as the national average, according to RentCafe.
However, the cost of housing in Virginia is 2% higher than the national average.
But what about the cost of rent, specifically for millennials thelargest renter groupin the nation?
Cities are ranked from the least expensive to the most expensiveaverage monthly rent amounts.
Richmond
4.
Norfolk
3.
Chesapeake
2.
Virginia Beach
1.
First, GOBankingRates found the 100 most populated cities according to the U.S. Census American Community Survey.
Using the overall rental cost and expenditure costs the total cost of living for each city can be calculated.
All data was collected on and is up to date as of Sept. 13, 2024.
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