The cost of living in Virginia is expected to increase by 2.5% in 2025. This is according to a report by the Virginia Economic Development Partnership. The report cites several factors for the increase, including rising housing costs, transportation costs, and healthcare costs.
The increase in the cost of living will have a significant impact on Virginia residents. Many people will have to cut back on their spending or find ways to earn more money. The increase could also lead to an increase in homelessness and poverty.