Cost of Living in Indian River, Chesapeake, VA

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A
2%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
10%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Indian River Chesapeake Virginia
Cost of living102115109
Goods & Services101101102
Groceries9999100
Health care8989103
Housing110151129
Transportation9999100
Utilities969699
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Cost Of Living Quick Facts

  • The cost of living in Indian River is 6% lower than the Chesapeake average
  • The cost of living in Indian River is 2% higher than the national average
  • Indian River housing is 10% higher than the national average
  • Virginia general sales tax is 4% higher than the national average
  • Virginia state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Indian River

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Compare Chesapeake, VA Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Household$88,903$7,409$2,074$2,667

      Virginia Sales Tax

      State General Sales Tax With Max Surtax
      Virginia 5.3% 6%

      Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      Virginia 2% 5.75%

      Goods & Services

      Item Chesapeake National avg. Difference
      Haircut $27.43$27.620.7%
      Beauty Salon $51.17$51.110.1%
      Toothpaste $4.03$4.091.5%
      Shampoo $1.50$1.542.7%
      Movie $15.06$12.8816.9%
      Yoga $24.61$19.6625.2%

      Groceries

      Item Chesapeake National avg. Difference
      Ground Beef $7.62$7.701.1%
      Fried Chicken $1.54$1.667.4%
      Milk $4.77$4.730.8%
      Potatoes $5.36$5.262.0%
      Pizza $13.14$12.763.0%
      Beer $11.40$10.558.1%

      Health Care

      Item Chesapeake National avg. Difference
      Optometrist $134.66$140.063.9%
      Doctor $121.11$153.8221.3%
      Dentist $118.43$123.153.8%
      Ibuprofen $12.02$11.732.5%
      Lipitor $18.55$23.6121.4%

      Housing

      Item Chesapeake National avg. Difference
      Home Price $515,279.00$326,622.0057.8%
      Avg. Mortgage Payment $2,074.61$2,480.2516.4%
      Apartment Rent $1,957.00$1,444.0035.5%

      Transportation

      Item Chesapeake National avg. Difference
      Gasoline $3.07$3.060.5%
      Tire Balancing $61.27$65.216.0%

      Utilities

      Item Chesapeake National avg. Difference
      All Electricity $210.55$220.124.3%
      Phone $189.31$195.713.3%
      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 Population Cost of Living Index National Avg.
      Portsmouth, VA98,1941000.2%
      Norfolk, VA250,1421044.0%
      Virginia Beach, VA463,34111514.8%
      Chesapeake, VA251,20211514.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Norfolk, VA250,1421044.0%
      Longueuil, QC249,920n/a 
      Irving, TX248,4581065.8%
      Winston-Salem, NC255,400928.0%
      Gilbert, AZ255,86912726.8%
      Chesapeake, VA251,20211514.6%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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