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Richmond, VA

Cost of living in Petersburg city, VA

Part of the Richmond Metro Area

Estimated monthly cost
$3,530/mo
for a single person, all categories combined

Population 33,365 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,545 44%
Healthcare $480 14%
Federal tax $422 12%
Groceries $355 10%
Transport $320 9%
Energy $202 6%
State tax $151 4%
Water $55 2%

Rent in Petersburg city

Fair Market Rents by bedroom count.

Studio
$1,488
per month
1 bedroom
$1,545
per month
2 bedroom
$1,711
per month
3 bedroom
$2,166
per month
4 bedroom
$2,677
per month

Source: HUD FMR FY2025

Income and earnings in Petersburg city

Annual earnings figures from the Census ACS.

Household income
$50,741
per year
Individual earnings
$35,889
per year
Per capita
$29,590
per year

Source: ACS 2019-2023 5-Year.

Home values in Petersburg city

Average values reported by homeowners.

Average home value
$157,900
Annual property tax
$1,449

Source: ACS 2019-2023 5-Year

Energy costs in Petersburg city

Estimated monthly electricity and gas costs.

Electricity
$153
per month · 14.6¢/kWh
Natural gas
$49
per month
Annual total
$2,424
per year

Source: EIA

Healthcare in Petersburg city

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
8.2%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Petersburg city

State and local tax rates for Virginia.

State income tax
5.8%
Top marginal rate
State sales tax
5.3%
Combined sales tax
5.8%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Petersburg city

Commute patterns and estimated costs.

Average commute
26.7 min
Drive alone
74.4%
Public transit
3.6%
Work from home
7.5%

Source: ACS

Monthly cost estimates for Petersburg city

What it costs to live in Petersburg city each month.

Single person
$3,530
per month
  • Rent $1,545
  • Energy $202
  • Water $55
  • Groceries $355
  • Transport $320
  • Healthcare $480
  • Federal tax $422
  • State tax $151
Couple
$4,615
per month
  • Rent $1,711
  • Energy $242
  • Water $65
  • Groceries $588
  • Transport $420
  • Healthcare $864
  • Federal tax $503
  • State tax $222
Family
$7,232
per month
  • Rent $2,166
  • Energy $303
  • Water $75
  • Groceries $893
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $503
  • State tax $222

Frequently asked questions about Petersburg city

Common questions about cost of living, rent and salary.

What is the average rent in Petersburg city?

In Petersburg city, VA, a one-bedroom apartment averages $1,545 per month, a two-bedroom averages $1,711 per month, a three-bedroom averages $2,166 per month, according to HUD Fair Market Rent data.

What is the average salary in Petersburg city?

In Petersburg city, VA, the average household income is $50,741 per year and individual earnings for full-time workers average $35,889 per year, according to U.S. Census Bureau data.

What is the cost of living in Petersburg city?

The estimated cost of living in Petersburg city, VA is approximately $3,530 per month for a single person, $4,615 for a couple, $7,232 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Petersburg city?

The combined sales tax rate in Petersburg city, VA is 5.75%, which includes the Virginia state rate of 5.30% plus an average local rate of 0.45%.

Is Petersburg city an affordable place to live?

Based on the data, a single person in Petersburg city, VA would need approximately $3,530 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $50,741 per year ($4,228 per month). Petersburg city has a high cost of living relative to local earnings.

How much does healthcare cost in Petersburg city?

The ACA marketplace benchmark premium in Petersburg city, VA is approximately $480 per month for an individual. Approximately 8.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Petersburg city?

The average home value in Petersburg city, VA is $157,900, with average annual property taxes of $1,449, according to U.S. Census Bureau data.

How does Petersburg city compare to other areas?

You can compare Petersburg city, VA with any other US county using our comparison tool at /compare. Petersburg city is in the Richmond, VA metro area.

Other counties in Virginia

Browse the full list of counties in Virginia, ranked by cost of living.

See all counties in Virginia

Compare Petersburg city with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP