Housing costs in Chesapeake?
A typical home costs
$440,800, which is 30.4% more expensive than the national average of
$338,100 and 28.4% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Chesapeake costs
$1,770 per month, which is 26.4% more than the national average of
$1,400 and 25.4% more than the state average of
$1,320.
Can I afford Chesapeake?
To live comfortably in Chesapeake (zip 23322), Virginia, a minimum annual income of
$84,600 for a family, and
$60,400 for a single person is recommended.
What does A.I. say about Chesapeake?
The cost of living in 23322 Chesapeake, VA is relatively affordable compared to other areas of the country. The median household income for this area is $62,521 and the median home value is $253,400. This means that housing costs are relatively low compared to other parts of the country. Additionally, there are many local amenities such as shopping centers and restaurants that make it a great place to live. Groceries, healthcare, and utilities are also reasonably priced in this area which makes it a great option for those looking for an affordable place to call home.