Zip 23320 (Chesapeake, VA) Cost of Living


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How much do I need to live in Chesapeake, Virginia?
$5,520 / month
for a family, 2.2% more expensive than the national average A total of $66,240 for the year for a family.
$4,700 / month
for a single person, 1.4% less expensive than the national average A total of $56,400 for the year for a single person.

Chesapeake cost of living score
103.5
More expensive
3.5% higher
than the US average
0.7% lower
than the Virginia average
Chesapeake (zip 23320), Virginia gets a BestPlaces Cost of Living score of 103.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.5% higher than the U.S. average and 0.7% higher than the average for Virginia.

Zip 23320 (Chesapeake, VA)

Housing costs in Chesapeake?
A typical home costs $346,000, which is 2.3% more expensive than the national average of $338,100 and 0.8% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Chesapeake costs $1,650 per month, which is 17.9% more than the national average of $1,400 and 20.0% more than the state average of $1,320.

Can I afford Chesapeake?
To live comfortably in Chesapeake (zip 23320), Virginia, a minimum annual income of $66,240 for a family, and $56,400 for a single person is recommended.

What does A.I. say about Chesapeake?
23320 Chesapeake, VA is known for having a high cost of living. The cost of groceries, health care, and transportation are all much higher than the national average. Renting an apartment in this area can be extremely expensive, with prices ranging from $800 to $1,500 per month. In addition to rent costs, utilities like water and electricity can also be costly. Despite the high cost of living in this area, 23320 Chesapeake is still a great place to live due to its many amenities and attractions, such as the nearby beaches and parks.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesChesapeakeVirginiaUnited States
  103.5104.2100.0
  99.699.6100
  104.9103.1100.0
  100.5112.9100.0
  $346,000$343,200$338,100
  97.499.3100
  98.099.4100.0
  126.9113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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