New York, NY vs Chesapeake, VA
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate Chesapeake and New York more than any other line item — $359,000 versus $752,000 for a typical home, a 52% spread. State income-tax burden also tilts toward Chesapeake — a top rate of 5.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$359,100 ✓
Zillow Home Value
$812,534
$413,755
Median Gross Rent
$1,779/mo
$1,523/mo ✓
Owner Occupied %
32.8%
73.8%
Price-to-Rent Ratio
35.2x
19.6x
Median Household Income
$79,713
$94,189 ✓
Per Capita Income
$50,776
$43,819
Unemployment Rate
7.7%
4.9% ✓
Poverty Rate
17.4%
8.7%
Avg Commute (min)
44.8 min
27.4 min
Drove Alone %
21.9%
77.4%
Public Transit %
45.5%
0.6%
Work From Home %
15.0%
11.5%
State Income Tax
10.9%
5.8%
Total Sales Tax
8.5%
5.6% ✓
Property Tax Rate
1.7%
0.8%
Bachelor's Degree %
23.6%
22.4%
Median Age
38
37.7
Avg High Temp
62.6°F
73.7°F
Annual Precipitation
49.5"
48.6"
Annual Snowfall
29.8"
—
New York, NY 0 wins
Chesapeake, VA 5 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Median Household Income
- ✓Unemployment Rate
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