CostIndexUSA

Corvallis, OR vs Norfolk, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableVA
Norfolk
97.9
overall index
$1,800/mo rent

Norfolk is moderately cheaper than Corvallis — 5.9% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $75,300 in Norfolk. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing12.8%
Corvallis
114.4
Norfolk
99.8
🛒 Groceries8.1%
Corvallis
105.3
Norfolk
96.8
🚗 Transportation1.7%
Corvallis
105.3
Norfolk
103.5
🏥 Healthcare1.7%
Corvallis
95.3
Norfolk
93.7
Utilities17.5%
Corvallis
108.6
Norfolk
89.6

Salary Equivalency Calculator

Enter your current salary in Corvallis to see what you'd need to earn in Norfolk to maintain the same purchasing power.

$
Equivalent salary in Norfolk, VA
$75,300
$4,700 less needed in Norfolk

Formula: salary × (97.9 ÷ 104) = salary × 0.9413. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Norfolk, VA

Median Home Price
$360,000
Median Monthly Rent
$1,800
Housing Index
99.8
Price-to-Rent Ratio
16.7×

Corvallis has 12.8% lower housing costs compared to Norfolk.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

Norfolk, VA

Median Household Income
$79,300
Per Capita Income
$45,200
Unemployment Rate
4.3%
Population
245,782
Top Industries
MilitaryHealthcareShippingGovernmentRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Corvallis, OR
3.1×income-to-rent ratio

68% of income left after rent (median)

Norfolk, VA
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.