Chicago, IL vs Chesapeake, VA
Cost of living comparison · 2023 Census ACS data
Quick Summary
Chicago and Chesapeake sit close to each other across the headline cost-of-living indicators — typical homes within 12% of each other, median incomes within 20%. The relocation math comes down to non-housing factors: taxes, commute, climate, and personal preference.
Median Home Value
$315,200 ✓
$359,100
Zillow Home Value
$312,456
$413,755
Median Gross Rent
$1,380/mo ✓
$1,523/mo
Owner Occupied %
45.5%
73.8%
Price-to-Rent Ratio
19.0x
19.6x
Median Household Income
$75,134
$94,189 ✓
Per Capita Income
$48,148
$43,819
Unemployment Rate
7.9%
4.9% ✓
Poverty Rate
16.8%
8.7%
Avg Commute (min)
36.7 min
27.4 min
Drove Alone %
46.0%
77.4%
Public Transit %
19.3%
0.6%
Work From Home %
18.3%
11.5%
State Income Tax
5.0%
5.8%
Total Sales Tax
8.7%
5.6% ✓
Property Tax Rate
2.2%
0.8%
Bachelor's Degree %
24.9%
22.4%
Median Age
35.7
37.7
Avg High Temp
60.3°F
73.7°F
Annual Precipitation
34.4"
48.6"
Chicago, IL 2 wins
- ✓Median Home Value
- ✓Median Gross Rent
Chesapeake, VA 3 wins
- ✓Total Sales Tax
- ✓Median Household Income
- ✓Unemployment Rate
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