Chesapeake, VA vs Virginia Beach, VA
Cost of Living Comparison
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Equivalent Salary
$100,000 in Chesapeake, VA = $96,636 in Virginia Beach, VA
Buying power is -3.4% lower in Virginia Beach, VA
Median Rent
$1,523 vs $1,649
8.3% higher in Virginia Beach, VA
Median Income
$94,189 vs $90,685
-3.7% lower in Virginia Beach, VA
Home Value
$359,100 vs $366,300
2.0% higher in Virginia Beach, VA
Price Level
100.7 vs 97.4
US avg = 100
Salary Needed for Median Rent
$60,900 vs $66,000
30% of gross income guideline
Rent as % of Income
19.4% vs 21.8%
Lower is more affordable