Chesapeake, OH vs Waldo, OH

Chesapeake is moderately more affordable than Waldo, with a 14.2% lower cost of living index. Chesapeake scores 64 compared to 74 for Waldo, where the US average is 100. This difference means residents of Waldo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chesapeake is $795/month compared to $950/month in Waldo — a 16% difference. Home values follow the same pattern: Chesapeake is more affordable at $106,100 median vs $149,100.

Median household income in Chesapeake is $46,667 compared to $72,083 in Waldo (-35.3%). While Waldo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chesapeake spend roughly 20.4% of their income on rent, more than the 15.8% in Waldo.