Housing costs in Chesapeake?
A typical home costs
$277,900, which is 17.8% less expensive than the national average of
$338,100 and 19.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Chesapeake costs
$1,320 per month, which is 5.7% cheaper than the national average of
$1,400 and close to the state average of
$1,320.
Can I afford Chesapeake?
To live comfortably in Chesapeake (zip 23325), Virginia, a minimum annual income of
$53,280 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Chesapeake?
The cost of living in 23325 Chesapeake, VA is relatively high compared to other parts of the country. The median home value is $261,800, which is more than double the national average. Additionally, the average price for a gallon of gas is around $2.45 and the average cost of a meal out for two people is around $50. Despite these higher costs, residents still benefit from the low taxes and warm climate that Chesapeake has to offer. Overall, while it may be pricier than other areas of America, 23325 Chesapeake, VA remains an attractive option for those looking for an exceptional quality of life.