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Petersburg and the Tri-Cities cost of living

Home prices, assessed-value fallbacks, tax rates, and budget tradeoffs.

Assessment signal

Colonial Heights City

$154,000; base real-estate tax 1.20 per $100 assessed.

Compare housing data →

Start with the spread

The current guide range runs from about $154,000 in Colonial Heights City to $336,982 in Prince George County. Use that spread before assuming one town represents the whole region.

Compare taxes at the address level

County and city rates are only the base. Incorporated towns can add their own real-estate levy, and insurance, HOA dues, commuting, and utilities can change the monthly picture.

Read sparse data honestly

Petersburg City, Colonial Heights City, Hopewell City, Dinwiddie County, Sussex County currently relies on assessed-value signals, not a clean sale median. Treat those cards as directional until enough arms-length sales sync.

Use this page as a starting point, then open the area guides for the underlying numbers and source notes.

Run the moving calculator →

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Sources and freshnessLast rebuilt 2026-09-14 with public records and source notes for Petersburg and the Tri-Cities cost of living.
  • Last rebuilt 2026-09-14 from the latest records synced into this guide.
  • Home-price medians use 800 recorded public sale rows across 1 area.
  • 1 area uses assessed value because usable sale-price coverage is limited.
  • 4 areas show an explicit coming-soon state rather than a guessed price.
  • Property and tax figures come from county/city parcel, sales, and assessor records.
  • School metrics use Virginia Department of Education profiles when available.
  • Amenity and business counts use OpenStreetMap, so hours and listings can change.
  • Jobs, events, news, and business-directory layers are included only after their feeds or curated sources sync.
  • Use these figures as planning estimates, then verify taxes, listings, and school details before making an offer.

Also exploring Southwest Virginia?

This page is focused on Petersburg and the Tri-Cities. Open a neighboring guide when your search crosses into another part of the region.