Housing costs in Chesapeake?
A typical home costs
$380,100, which is 12.4% more expensive than the national average of
$338,100 and 10.8% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Chesapeake costs
$1,470 per month, which is 5.0% more than the national average of
$1,400 and 10.2% more than the state average of
$1,320.
Can I afford Chesapeake?
To live comfortably in Chesapeake (zip 23323), Virginia, a minimum annual income of
$72,720 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Chesapeake?
The cost of living in 23323 Chesapeake, VA is quite reasonable. The median home value in this area is around $234,000, which is slightly lower than the US average of $231,200. Additionally, the median household income in this area is around $58,900 and the cost of living index sits at 97.4—just a bit below the national average. This makes it a great place to live for those who are looking for an affordable lifestyle. Groceries and utilities tend to be a bit cheaper than other places in Virginia and there are plenty of attractions nearby that make it easy to find something to do on any given day.