Chesapeake, Virginia gets a BestPlaces Cost of Living index of 103.5, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 3.5 percent higher than the U.S. average and 0.7 percent higher than the average for Virginia.
A typical home costs $359,000, which is 6.2 percent more expensive than the national average of $338,100 and 4.6 percent 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 percent more than the national average of $1,430 and 9.1 percent more than the state average of $1,400.
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.
Our cost of living indices are based on a US average of 100. An amount below 100 means Chesapeake is cheaper than the US average. A cost of living index above 100 means Chesapeake, Virginia is more expensive.
Chesapeake cost of living is 103.5