Chesapeake, VA vs Newport News, VA

There is a significant gap in the cost of living between these two cities. Newport News is 17.9% cheaper than Chesapeake. With a cost index of 93 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newport News to Chesapeake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chesapeake is $1,523/month compared to $1,285/month in Newport News — a 19% difference. Home values follow the same pattern: Newport News is more affordable at $243,300 median vs $359,100.

Median household income in Chesapeake is $94,189 compared to $66,718 in Newport News (+41.2%). While Chesapeake 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 19.4% of their income on rent, less than the 23.1% in Newport News.