Housing costs in Chesapeake?
A typical home costs
$332,900, which is 1.5% less expensive than the national average of
$338,100 and 3.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Chesapeake costs
$1,400 per month, which is 0.0% cheaper than the national average of
$1,400 and 5.7% more than the state average of
$1,320.
Can I afford Chesapeake?
To live comfortably in Chesapeake (zip 23321), Virginia, a minimum annual income of
$63,720 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Chesapeake?
The cost of living in 23321 Chesapeake, VA is relatively affordable due to its proximity to larger metropolitan centers like Norfolk and Virginia Beach. The median home value is about $232,800, while the median rent is around $1,467. Local groceries are also reasonably priced, making it easier for families to make ends meet. There are a variety of different restaurants in the area as well, offering a range of cuisines and price points from fast food to fine dining. Additionally, transportation costs remain low with many public bus lines and bike share programs in place. Overall, 23321 Chesapeake offers an affordable cost of living that makes it a great place to call home.