Chesapeake, OH is a small town located in Ohio with an affordable cost of living. The average 2 bedroom rent in Chesapeake is $880 which is significantly lower than the US average of $1,430. The grocery cost index in the city is 97 compared to the US average at 100 which indicates that groceries are relatively inexpensive. Additionally, local companies such as Norfolk Southern Railway Company and DST Health Solutions have a presence in this town providing ample job opportunities for those looking to move to Chesapeake. Overall, Chesapeake offers an affordable lifestyle and plenty of job opportunities for its residents making it a great option for those looking to save money and live comfortably.
Chesapeake has an unemployment rate of 4.3%. The US average is 6.0%.
Chesapeake has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Chesapeake
- The Sales Tax Rate for Chesapeake is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Chesapeake is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chesapeake
- The average income of a Chesapeake resident is $18,577 a year. The US average is $28,555 a year.
- The Median household income of a Chesapeake resident is $50,745 a year. The US average is $69,021 a year.