VA · Rank 27 of 50 affordable

Can teachers afford to live in Virginia?

Yes — manageable.

The average Virginia teacher earns $69,254 per year. A typical 2-bedroom rents for about $1,714/mo, which is 30% of gross monthly pay. The 30% rule is the standard healthy benchmark.

Avg Teacher Salary
$69,254
Cost-of-Living Index
100.8
US avg = 100
Affordability Score
51/100

Renting in Virginia

2BR Rent / mo
$1,714
Annual Rent
$20,563
% of Salary
30%
Left after rent
$4,058/mo

Green zone is under the 30% healthy housing benchmark.

Buying a Home in Virginia

Median Home Price
$423,360
10% Down
$42,336
P&I (7%, 30yr)
$2,535/mo
Full PITI
$3,047/mo

Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.

Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.

How Virginia Compares