Housing costs in Chesapeake?
A typical home costs
$359,000, which is 6.2% more expensive than the national average of
$338,100 and 4.6% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Chesapeake costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 9.1% more than the state average of
$1,400.
Can I afford Chesapeake?
To live comfortably in Chesapeake, Virginia, a minimum annual income of
$68,760 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Chesapeake?
Chesapeake, Virginia boasts both affordability and beautiful countryside — allowing you to get the most out of your money. Homeowners can find plenty of housing options ranging from inexpensive single family homes to beachfront condos - while renters also have access to even more attractive deals now than ever before. Additionally, groceries and transportation expenses are relatively low when compared with other parts of the country - making Chesapeake an excellent option if you want stick within budget.