
Why is Virginia Beach…
Why is Virginia Beach among Nation’s Best Large Cities to Live in? The answer could be our thriving local business community
On July 23, 2018, Virginia Beach was given a figurative silver medal by WalletHub, who placed it as number two on the list of Best Large Cities to live in, behind only Seattle. Our strongest distinction from our competition was affordability. But what makes a large city affordable?
In determining a city’s affordability, WalletHub’s methodology assigned the greatest weight to its cost of living, that is: the expenses residents can expect to incur when meeting their basic needs in the region. To put it simply, in a city with a low cost of living each dollar we earn goes further. One reason for this is the availability of alternatives when the cost of a c...