Chesapeake, VA vs Norfolk, VA
Cost of Living Comparison
⚖️
Equivalent Salary
$100,000 in Chesapeake, VA = $100,000 in Norfolk, VA
Buying power is 0.0% lower in Norfolk, VA
Median Rent
$1,523 vs $1,246
-18.2% lower in Norfolk, VA
Median Income
$94,189 vs $64,017
-32.0% lower in Norfolk, VA
Home Value
$359,100 vs $271,900
-24.3% lower in Norfolk, VA
Price Level
100.7 vs 100.7
US avg = 100
Salary Needed for Median Rent
$60,900 vs $49,800
30% of gross income guideline
Rent as % of Income
19.4% vs 23.4%
Lower is more affordable