Chesapeake, VA vs Richmond, VA: Cost of Living Comparison
Richmond has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Chesapeake | Richmond | Cheaper |
|---|---|---|---|
| Overall cost of living | 107 | 95 | Richmond |
| Housing | 103 ($1,066) | 94 ($920) | Richmond |
| Transportation | 102 ($3.50) | 105 ($3.50) | Chesapeake |
| Food & groceries | 126 ($517) | 84 ($344) | Richmond |
| Utilities | 102 ($185) | 97 ($169) | Richmond |
| Healthcare | 102 ($134) | 97 ($122) | Richmond |
| Median annual wage | 115 ($55,690) | 115 ($55,690) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Chesapeake, VA or Richmond, VA cheaper to live in?
Richmond, VA is cheaper overall by about 12 index points (Chesapeake, VA: 107, Richmond, VA: 95; 100 = US national average).
What salary do I need in Chesapeake, VA vs Richmond, VA?
A single adult needs roughly $37,450/year in Chesapeake, VA and $33,250/year in Richmond, VA to cover basic living costs.