Chesapeake cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index117108100
Goods & Services index110100100
Groceries index10496100
Health care index114100100
Housing index135130100
Transportation index10691100
Utilities index113101100
A general summary of the cost of living index in Chesapeake, VA is shown above. Compared to the state average of Virginia the cost of living index in Chesapeake, VA is 117, which is 8% higher than the average in Virginia and compared to the national average it is 17% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Chesapeake, VA goods and services come in at 11% higher than the average in Virginia and are 10% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Chesapeake is 8% higher than the Virginia average.
  • The cost of living in Chesapeake is 17% higher than the national average.
  • The cost of housing in Chesapeake is 35% higher than the national average.
  • Virginia general sales tax is 4% higher than the national average.
  • Virginia state income tax is 10% lower than the national average.

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Compare Chesapeake, VA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Chesapeake, VA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Chesapeake, VA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Chesapeake, VA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Chesapeake, VA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Chesapeake, VA homeowners, the median income is $83,482. This indicates that a monthly maximum of $1,948 should be spent by homeowners on all housing related costs. Renters have a median income of $42,810. This indicates that renters should have a maximum of $999 used for their rent related monthly costs.

Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax

Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Chesapeake, VA you will want to make sure you consider both the Virginia sales tax and the Virginia income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Virginia is 5.3%, with the highest surtax being 6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Virginia have a range from 2% to 5.75%.

Goods & Services

ItemChesapeakeNational avg.Difference
Haircut $12.00$16.0925.4%
Beauty Salon $35.00$37.336.2%
Toothpaste $2.47$2.450.9%
Shampoo $0.98$1.001.7%
Movie $11.00$10.287.0%
Bowling $6.25$4.9326.7%


ItemChesapeakeNational avg.Difference
Ground Beef $3.12$3.8018.0%
Fried Chicken $1.27$1.409.1%
Milk $2.05$2.011.9%
Potatoes $3.34$3.0111.0%
Pizza $8.99$9.899.1%
Beer $8.63$8.903.0%

Health Care

ItemChesapeakeNational avg.Difference
Optometrist $96.67$102.165.4%
Doctor $128.89$108.3618.9%
Dentist $113.78$92.5323.0%
Ibuprofen $8.99$9.283.1%
Lipitor $432.03$425.821.5%


ItemChesapeakeNational avg.Difference
Home Price $256,500.00$184,700.0038.9%
Avg. Mortgage Payment $1,193.99$1,202.440.7%
Apartment Rent $1,180.00$949.0024.3%


ItemChesapeakeNational avg.Difference
Gasoline $2.28$2.241.7%
Tire Balancing $53.33$46.2915.2%


ItemChesapeakeNational avg.Difference
All Electricity$186.28$165.9612.2%
Phone $33.07$28.6815.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Portsmouth, VA96,0711055%
Norfolk, VA245,7241088%
Chesapeake, VA233,19411717%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Irving, TX232,01396-4%
Scottsdale, AZ234,49512424%
Garland, TX234,81094-6%
Hialeah, FL235,6261011%
North Las Vegas, NV230,43699-1%
Chesapeake, VA233,19411717%
Source: The Chesapeake, VA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.